GCMAsia - CrudeOIL
CrudeOIL
2019-09-27
CrudeOIL, H1: Crude oil was traded lower following prior retracement from the higher level. MACD which illustrate diminishing bullish momentum with the starting formation of death cross suggest the commodity to extend its losses toward the support level at 55.65.
Resistance level: 56.80, 58.55
Support level: 55.65, 54.65