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270519 CrudeOIL-Noon

by | May 27, 2019 | Crudeoil | 0 comments

GCMAsia - CrudeOIL
CrudeOIL
CrudeOIL
2019-05-27

CrudeOIL, H4: Crude oil price was traded in a sideway channel following recent retracement from the resistance level 59.10. However, MACD which illustrate bullish bias signal suggest the commodity to be traded higher after it breaks above the resistance level 59.10.

 

Resistance level: 59.10, 60.10

Support level: 57.95, 56.95