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120619 CrudeOIL-Noon

by | Jun 12, 2019 | Crudeoil | 0 comments

GCMAsia - CrudeOIL
CrudeOIL
CrudeOIL
2019-06-12

CrudeOIL, H4: Crude oil price was traded lower after breaking below previous support level at 50.90. MACD which display bearish momentum with the formation of death cross suggest the commodity to extend its losses towards the support level 50.90.

 

Resistance level: 52.65, 53.85

Support level: 50.90, 49.70