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210121 CrudeOIL-Noon

by | Jan 21, 2021 | Crudeoil | 0 comments

GCMAsia-CrudeOIL
CrudeOIL
CrudeOIL
2021-01-21

CrudeOIL, H4: Crude oil price was traded lower following prior retracement from the resistance level at 53.75. MACD which illustrated diminishing bullish momentum suggest the commodity to extend its losses toward support level at 52.03.

 

Resistance level: 53.75, 55.85

Support level: 52.05, 50.05