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181019 CrudeOIL-Noon

by | Oct 18, 2019 | Crudeoil | 0 comments

GCMAsia - CrudeOIL
CrudeOIL
CrudeOIL
2019-10-18

CrudeOIL, H1: Crude oil price was traded lower following prior retracement from the resistance level at 54.05. MACD which illustrated diminishing bullish momentum suggest the commodity to extend its losses toward support level at 53.55.

 

Resistance level: 54.05, 54.85

Support level: 53.55, 52.90