GCMAsia-CrudeOIL

CrudeOIL
2021-01-05

CrudeOIL, H4: Crude oil price was traded lower following prior breakout below the previous support level at 47.90. MACD which illustrated increasing bearish momentum suggest the commodity to extend its losses toward support level at 46.55.
Resistance level: 49.25, 50.00
Support level: 46.55, 45.55