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280319 CrudeOIL

by | Mar 28, 2019 | Crudeoil | 0 comments

GCMAsia - CrudeOIL
CrudeOIL
CrudeOIL
2019-03-28

CrudeOIL, H4: Crude oil was traded lower following prior breakout below previous support level 59.35. MACD which display bearish momentum with the formation of death cross suggest the commodity to extend its losses towards the support level 58.40.

 

Resistance level: 59.35, 60.20
Support level: 58.40, 57.50