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310519 CrudeOIL-Noon

by | May 31, 2019 | Crudeoil | 0 comments

GCMAsia - CrudeOIL
CrudeOIL
CrudeOIL
2019-05-31

CrudeOIL, H4: Crude oil price was traded lower while currently testing the support level 55.75. MACD which illustrate bearish bias signal with the formation of death cross suggest the commodity to extend its losses after it breaks below the support level 55.75.

 

Resistance level: 56.85, 57.85

Support level: 55.75, 54.90