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GCMAsia - CrudeOIL
CrudeOIL
CrudeOIL
2019-08-23

CrudeOIL, H4: Crude oil price was traded lower following prior breakout below the previous support level 55.55. MACD which illustrate ongoing bearish momentum suggest the commodity to extend its losses towards the support level 53.05.

 

Resistance level: 55.55, 57.45

Support level: 53.05, 50.45