GCMAsia-CrudeOIL
CrudeOIL
2020-12-02
CrudeOIL, H1: Crude oil price was traded lower following prior breakout below the previous support level at 44.70. However, MACD which illustrated diminishing bearish momentum suggest the commodity to be traded higher in short-term as technical correction.
Resistance level: 45.50, 46.20
Support level: 44.60, 43.70