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300119 CrudeOIL

by | Jan 30, 2019 | Crudeoil | 0 comments

GCMAsia - CrudeOIL
CrudeOIL
CrudeOIL
2019-01-30
Resistance and Support Level Explanation
Resistance 54.55 H4
Support 51.75 H4

CrudeOIL, H4: Crude oil price was traded higher following prior rebound from the support level 51.75. MACD which illustrate bullish momentum signal with the formation of golden cross suggest the pair to extend its gains towards the resistance level 54.55.

 

Resistance level: 54.55, 57.80

Support level: 51.75, 48.35