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251019 CrudeOIL-Noon

by | Oct 25, 2019 | Crudeoil | 0 comments

GCMAsia - CrudeOIL
CrudeOIL
CrudeOIL
2019-10-25

CrudeOIL, H4: Crude oil price was traded lower while currently testing the support level at 55.90. MACD which illustrate diminishing bullish momentum signal suggest the commodity to extend its losses after it successfully breakout below the support level at 55.90.

 

Resistance level: 56.80, 58.55

Support level: 55.90, 54.65