GCMAsia- CrudeOIL

CrudeOIL
2020-01-21

CrudeOIL, H4: Crude oil was traded lower following prior retracement from the resistance level 59.55. MACD which illustrate diminishing bullish momentum suggest the commodity to extend its retracement towards the support level 57.75.
Resistance level: 58.60, 61.05
Support level: 57.75, 56.30