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180419 CrudeOIL-Noon

by | Apr 18, 2019 | Crudeoil | 0 comments

GCMAsia - CrudeOIL
CrudeOIL
CrudeOIL
2019-04-18

CrudeOIL, H4: Crude oil price was traded lower while currently testing the 50 moving average line (Blue). MACD which display bearish momentum and the formation of death cross suggest the commodity to extend its losses after successfully breakout below the 50 moving average line.

 

Resistance level: 64.50, 65.95

Support level: 63.45, 62.85