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GCMAsia- CrudeOIL
CrudeOIL
CrudeOIL
2020-07-03

CrudeOIL, H1: Crude oil price was traded higher while currently testing the resistance level at 40.45. However, MACD which illustrated diminishing bullish momentum suggest the commodity to be traded lower in short-term as technical correction.

 

Resistance level: 40.45, 41.00

Support level: 39.70, 39.00