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051218 CrudeOIL

by | Dec 5, 2018 | Crudeoil | 0 comments

GCMAsia - CrudeOIL
CrudeOIL
CrudeOIL
2018-12-05
Resistance and Support Level Explanation
Resistance 53.90 H1
Support 52.00 H1

CrudeOIL, H1: Crude oil price was traded lower following prior false breakout at 53.90. MACD which illustrate bearish signal suggests the commodity price to extend its losses in short-term, towards the target of 52.00.

Resistance level: 53.90, 55.35

Support level: 52.00, 50.25