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110219 CrudeOIL-Noon

by | Feb 11, 2019 | Crudeoil | 0 comments

GCMAsia - CrudeOIL
CrudeOIL
CrudeOIL
2019-02-11

CrudeOIL, H4: Crude oil was traded lower following prior retracement from the resistance level at 52.75. MACD which illustrate bearish momentum suggest the commodity to extend its losses toward the support level at 50.35.

Resistance level: 52.75, 54.30

Support level: 50.65, 48.50