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101220 CrudeOIL-Noon

by | Dec 10, 2020 | Crudeoil | 0 comments

GCMAsia-CrudeOIL
CrudeOIL
CrudeOIL
2020-12-10

CrudeOIL, H4: Crude oil price was traded higher following prior breakout above the previous resistance level at 45.50. MACD which illustrate diminishing bearish momentum signal suggest the commodity to extend its gains toward the resistance level at 46.65.

 

Resistance level: 46.65, 48.20

Support level: 45.50, 44.65