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121219 CrudeOIL

by | Dec 12, 2019 | Crudeoil | 0 comments

GCMAsia - CrudeOIL
CrudeOIL
CrudeOIL
2019-12-12

CrudeOIL, H4: Crude oil price was traded higher following prior breakout above the previous resistance level at 58.60. MACD which illustrated diminishing bearish momentum suggest the commodity to extend its gains toward the resistance level at 59.70.

 

Resistance level: 59.70, 60.80

Support level: 58.60, 57.60