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240522 CrudeOIL

by | May 24, 2022 | Crudeoil | 0 comments

CrudeOIL, H4: Crude oil price was traded lower following prior retracement from the resistance level. MACD which illustrated increasing bearish momentum suggest the commodity to extend its losses.

 

Resistance level: 110.35, 113.05

Support level: 106.65, 104.05