GCMAsia - CrudeOIL
CrudeOIL
2020-01-20
CrudeOIL, H1: Crude oil was traded lower following prior retracement from the resistance level at 59.70. MACD which illustrate diminishing bullish momentum signal suggests the commodity to extend its losses toward the support level at 58.60.
Resistance level: 59.70, 60.35
Support level: 58.60, 57.55