GCMAsia-CrudeOIL

CrudeOIL
2021-05-07

CrudeOIL, Daily: Crude oil price was traded lower following prior retracement from the resistance level at 66.15. MACD which illustrated diminishing bullish momentum suggest the commodity to extend its losses toward support level at 63.50.
Resistance level: 66.15, 67.80
Support level: 63.50, 60.95