GCMAsia-CrudeOIL
CrudeOIL
2021-01-08
CrudeOIL, H4: Crude oil price was traded higher while currently testing the resistance level at 51.05. However, MACD which illustrated diminishing bullish momentum suggest the commodity to undergo technical correction in short term toward lower level.
Resistance level: 51.05, 51.85
Support level: 50.20, 49.40