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121119 CrudeOIL-Noon

by | Nov 12, 2019 | Crudeoil | 0 comments

GCMAsia - CrudeOIL
CrudeOIL
CrudeOIL
2019-11-12

CrudeOIL, H1: Crude oil price was traded higher while currently testing the resistance level at 56.80. MACD which illustrated diminishing bearish momentum suggest the commodity to extend its gains after it successfully breakout above the resistance level at 56.80.

 

Resistance level: 56.80, 57.80

Support level: 56.25, 55.40