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200319 CrudeOIL

by | Mar 20, 2019 | Crudeoil | 0 comments

GCMAsia - CrudeOIL
CrudeOIL
CrudeOIL
2019-03-20

CrudeOIL, H4: Crude oil price was traded lower following prior retracement from the resistance level 59.35. MACD which illustrate bearish momentum with the formation of death cross suggest the commodity to extend its retracement towards the support level 57.50.

 

Resistance level: 59.35, 61.25

Support level: 57.50, 55.60