GCMAsia - CrudeOIL

CrudeOIL
2020-01-23

CrudeOIL, H4: Crude oil was traded lower following prior breakout below the previous support level at 56.35. MACD which illustrate bearish momentum signal suggests the commodity to extend its losses toward the support level at 55.25.
Resistance level: 56.35, 56.80
Support level: 55.25, 53.90