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131120 CrudeOIL

by | Nov 13, 2020 | Crudeoil | 0 comments

GCMAsia-CrudeOIL
CrudeOIL
CrudeOIL
2020-11-13

CrudeOIL, H1: Crude oil price was traded lower while currently testing the support level at 40.75. MACD which illustrate bearish bias momentum signal suggest the commodity to extend its losses after it successfully breakout below the support level at 40.75.

 

Resistance level: 41.50, 42.20

Support level: 40.75, 39.85