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180419 CrudeOIL

by | Apr 18, 2019 | Crudeoil | 0 comments

GCMAsia - CrudeOIL
CrudeOIL
CrudeOIL
2019-04-18

CrudeOIL, H4: Crude oil price remain traded in a sideway channel following prior retracement from the resistance level 64.55. MACD which illustrate bearish bias signal with the formation of death cross suggest the commodity to extend its retracement towards the support level 63.15.

 

Resistance level: 64.55, 65.85

Support level: 63.15, 61.75