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221021 CrudeOIL-Noon

by | Oct 22, 2021 | Crudeoil | 0 comments

CrudeOIL, H4: Crude oil was traded lower following prior retracement from the resistance level 83.80. MACD which illustrate bearish momentum signal suggest the commodity to extend its retracement towards the support level 79.35.

 

Resistance level: 83.80, 88.40

Support level: 79.35, 75.85