GCMAsia-CrudeOIL
CrudeOIL
2020-12-29
CrudeOIL, H4: Crude oil price was traded lower following prior retracement from the resistance level 48.60. MACD which illustrate bearish bias signal with the formation of death cross suggest the commodity to extend its retracement towards the support level 46.40.
Resistance level: 48.60, 50.85
Support level: 46.40, 43.45