GCMAsia - CrudeOIL

CrudeOIL
2020-02-05

CrudeOIL, H1: Crude oil price was traded higher while currently testing the resistance level at 50.05. MACD which illustrate diminished downward momentum suggests this commodity to extend its gains after it successfully breakout above the resistance level at 50.05.
Resistance level: 50.05, 51.55
Support level: 48.80, 47.35