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040220 CrudeOIL-Noon

by | Feb 4, 2020 | Crudeoil | 0 comments

GCMAsia - CrudeOIL
CrudeOIL
CrudeOIL
2020-02-04

CrudeOIL, H4: Crude oil price was traded higher following prior rebound from the support level 50.00. MACD which illustrate diminishing bearish momentum suggest the commodity to extend its rebound towards the resistance level 52.60.

 

Resistance level: 52.60, 54.65

Support level: 50.50, 48.30