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250121 CrudeOIL-Noon

by | Jan 25, 2021 | Crudeoil | 0 comments

GCMAsia-CrudeOIL
CrudeOIL
CrudeOIL
2021-01-25

CrudeOIL, H4: Crude oil price was traded lower following prior retracement from the resistance level 52.70. MACD which illustrate ongoing bearish momentum signal suggest the commodity to extend its losses towards the support level 50.85.

 

Resistance level: 52.70, 54.60

Support level: 50.85, 48.65