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230119 CrudeOIL

by | Jan 23, 2019 | Crudeoil | 0 comments

GCMAsia - CrudeOIL
CrudeOIL
CrudeOIL
2019-01-23
Resistance and Support Level Explanation
Resistance 53.90 H4
Support 52.70 H4

CrudeOIL, H4: Crude oil price was traded higher following prior breakout above previous resistance level 52.70. MACD which display diminishing bearish momentum suggest the commodity to extend its gains towards the resistance level 53.90.

Resistance level: 53.90, 55.00

Support level: 52.70, 51.60