GCMAsia-CrudeOIL

CrudeOIL
2021-05-06

CrudeOIL, H4: Crude oil price was traded higher following prior rebound from the support level at 64.90. However, MACD which illustrated increasing bearish momentum suggest the commodity to be traded lower in short-term as technical correction.
Resistance level: 66.40, 67.90
Support level: 64.90, 63.25