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040521 CrudeOIL

by | May 4, 2021 | Crudeoil | 0 comments

GCMAsia-CrudeOIL
CrudeOIL
CrudeOIL
2021-05-04

CrudeOIL, H4: Crude oil price was traded higher following prior breakout above the previous resistance level at 64.25. MACD which illustrated diminishing bearish momentum suggest the commodity to extend its gains toward the resistance level at 66.25.

 

Resistance level: 66.25, 67.60

Support level: 64.25, 62.20