GCMAsia-CrudeOIL
CrudeOIL
CrudeOIL, H4: Crude oil price was traded lower following prior retracement from the resistance level 62.55. MACD which illustrated diminishing bullish momentum suggest the commodity to extend its losses toward support level at 58.90.
Resistance level: 62.55, 64.40
Support level: 58.90, 55.85