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160420 CrudeOIL-Noon

by | Apr 16, 2020 | Crudeoil | 0 comments

GCMAsia-CrudeOIL
CrudeOIL
CrudeOIL
2020-04-16

CrudeOIL, H1: Crude oil price was traded lower following prior retracement from the resistance level at 20.65. MACD which illustrated diminishing bullish momentum suggest the commodity toward support level at 19.25.

 

Resistance level: 20.65, 22.50

Support level: 19.25, 17.75