GCMAsia-CrudeOIL
CrudeOIL
2021-02-03
CrudeOIL, H4: Crude oil price was traded higher following prior breakout above the resistance level at 53.70. However, MACD which illustrated diminishing bullish momentum suggest the commodity to be traded lower in short-term as technical correction.
Resistance level: 55.90, 57.45
Support level: 53.70, 51.85