GCMAsia-CrudeOIL
CrudeOIL
2021-03-04
CrudeOIL, H1: Crude oil price was traded higher following prior rebound from the support level at 60.75. However, MACD which illustrated diminishing bullish momentum suggest the commodity to extend its losses after it successfully breakout below the support level.
Resistance level: 62.00, 63.60
Support level: 60.75, 59.35