GCMAsia - CrudeOIL
CrudeOIL
2019-08-12
CrudeOIL, H1: Crude oil price was traded lower following prior retracement from the resistance level at 54.65. MACD which illustrate diminishing bullish momentum and the formation of death cross suggest the commodity to extend its losses toward the support level at 53.10.
Resistance level: 54.65, 55.90
Support level: 53.10, 51.15