GCMAsia - CrudeOIL
CrudeOIL
2020-02-10
CrudeOIL, H1: Crude oil price was traded higher while currently testing the 20 moving average line (Red). MACD which illustrated diminishing bearish momentum suggest the commodity to extend its gains after it successfully breakout above the 20 moving average line (Red).
Resistance level: 50.65, 51.20
Support level: 49.65, 48.80