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201119 CrudeOIL-Noon

by | Nov 20, 2019 | Crudeoil | 0 comments

GCMAsia - CrudeOIL
CrudeOIL
CrudeOIL
2019-11-20

CrudeOIL, H4: Crude oil price was traded lower following prior breakout below the previous support level 56.30. MACD which illustrate bearish momentum signal suggest the commodity to extend its losses towards the support level 54.85.

 

Resistance level: 56.30, 57.55

Support level: 54.85, 52.60