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290519 CrudeOIL-Noon

by | May 29, 2019 | Crudeoil | 0 comments

GCMAsia - CrudeOIL
CrudeOIL
CrudeOIL
2019-05-29

CrudeOIL, H4: Crude oil price remain traded in a sideway channel following recent retracement from the resistance of 59.10. MACD which illustrate diminishing bullish momentum suggest the commodity to extend its retracement towards the support level 58.05.

 

Resistance level: 59.10, 60.10

Support level: 58.05, 56.95