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110119 CrudeOIL

by | Jan 11, 2019 | Crudeoil | 0 comments

GCMAsia - CrudeOIL
CrudeOIL
CrudeOIL
2019-01-11
Resistance and Support Level Explanation
Resistance 52.70 H4
Support 51.60 H4

CrudeOIL, H4: Crude oil was traded higher while currently testing near the resistance level 52.70. MACD which display diminished bullish momentum suggest the commodity to undergo technical correction and retrace from the resistance level.

Resistance level: 52.70, 53.90

Support level: 51.60, 50.50