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210220 CrudeOIL-Noon

by | Feb 21, 2020 | Crudeoil | 0 comments

GCMAsia - CrudeOIL
CrudeOIL
CrudeOIL
2020-02-21

CrudeOIL, H4: Crude oil was traded lower following prior retracement from the resistance level 54.20. MACD which illustrate diminishing bullish momentum suggest the commodity to extend its retracement towards the support level 52.55.

 

Resistance level: 54.20, 56.30

Support level: 52.55, 51.25