GCMAsia - CrudeOIL

CrudeOIL
2019-12-09

CrudeOIL, H4: Crude oil price was traded lower following prior retracement from the resistance level 59.40. MACD which illustrate diminishing bullish momentum suggest the commodity to extend its retracement toward the support level at 58.55.
Resistance level: 59.40, 60.85
Support level: 58.55, 57.50