GCMAsia - CrudeOIL

CrudeOIL
2019-01-24
| Resistance and Support | Level | Explanation |
| Resistance | 52.70 | H4 |
| Support | 51.60 | H4 |

CrudeOIL, H4: Crude oil price was traded lower after breaking below previous support level 52.70. MACD which illustrate bearish momentum suggest the commodity to extend its losses towards the support level 51.60.
Resistance level: 52.70, 53.90
Support level: 51.60, 50.50