GCMAsia - CrudeOIL
CrudeOIL
2019-08-09
CrudeOIL, H1: Crude oil price was traded lower following prior retracement from the 50 moving average line (Blue). MACD which illustrate diminishing bullish momentum signal suggest the commodity to extend its losses toward the support level at 51.15.
Resistance level: 53.10, 54.65
Support level: 51.15, 50.25