GCMAsia - CrudeOIL

CrudeOIL
2020-01-21

CrudeOIL, H4: Crude oil was traded lower while currently testing the support level at 58.60. MACD which illustrate diminishing bullish momentum signal suggests the commodity to extend its losses after it successfully breakout below the support level at 58.60.
Resistance level: 59.70, 60.35
Support level: 58.60, 57.55