GCMAsia-CrudeOIL
CrudeOIL
2021-01-11
CrudeOIL, H4: Crude oil price was traded lower following prior retracement from the resistance level at 52.65. MACD which illustrated diminishing bullish momentum suggest the commodity to extend its losses toward the support level at 51.05.
Resistance level: 52.65, 54.40
Support level: 51.05, 49.55