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040221 CrudeOIL-Noon

by | Feb 4, 2021 | Crudeoil | 0 comments

GCMAsia-CrudeOIL
CrudeOIL
CrudeOIL
2021-02-04

CrudeOIL, H4: Crude oil price was traded higher while currently testing the resistance level at 56.00. MACD which illustrated diminishing bullish momentum suggest the commodity to be traded lower in short-term as technical correction.

 

Resistance level: 56.00, 57.65

Support level: 53.80, 51.85