GCMAsia- CrudeOIL

CrudeOIL
2020-02-26

CrudeOIL, H1: Crude oil price was traded higher following prior rebound from the support level at 49.65. MACD which illustrated diminishing bearish momentum suggest the commodity to extend its gains toward resistance level at 50.55.
Resistance level: 50.55, 51.25
Support level: 49.65, 48.95