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190521 CrudeOIL-Noon

by | May 19, 2021 | Crudeoil | 0 comments

GCMAsia-CrudeOIL
CrudeOIL
CrudeOIL
2021-05-19

CrudeOIL, H4: Crude oil price was traded lower while currently testing near the support level 64.25. MACD which illustrate bearish momentum signal with the formation of death cross suggest the commodity to extend its losses after it breaks below the support level.

 

Resistance level: 66.60, 67.85

Support level: 64.25, 62.35