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060919 CrudeOIL-Noon

by | Sep 6, 2019 | Crudeoil | 0 comments

GCMAsia - CrudeOIL
CrudeOIL
CrudeOIL
2019-09-06

CrudeOIL, H4: Crude oil price was traded lower following prior retracement from the resistance level 56.80. MACD which illustrate diminishing bullish momentum suggest the commodity to extend its retracement towards the support level 55.45.

 

Resistance level: 56.80, 58.75

Support level: 55.45, 53.05