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090120 CrudeOIL

by | Jan 9, 2020 | Crudeoil | 0 comments

GCMAsia - CrudeOIL
CrudeOIL
CrudeOIL
2020-01-09

CrudeOIL, H4: Crude oil price was traded lower following prior breakout below the support level 60.85. MACD which illustrate bearish momentum signal suggest the commodity to extend its losses towards the support level 58.55.

 

Resistance level: 60.85, 62.45

Support level: 58.55, 56.30