GCMAsia-CrudeOIL
CrudeOIL
2021-02-08
CrudeOIL, H4: Crude oil price was traded higher while currently testing the resistance level 57.55. However, MACD which illustrate diminishing bullish momentum signal suggest the commodity to be traded lower as a technical correction towards the support level 56.00
Resistance level: 57.55, 59.55
Support level: 56.00, 53.90