GCMAsia-CrudeOIL

CrudeOIL
2021-03-08

CrudeOIL, H1: Crude oil price was traded higher while currently testing the resistance level at 66.45. However, MACD which illustrated increasing bearish momentum suggest the commodity to be traded lower in short-term as technical correction.
Resistance level: 66.45, 68.00
Support level: 63.80, 61.70