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GCMAsia-CrudeOIL
CrudeOIL
CrudeOIL
2021-05-07

CrudeOIL, H4: Crude oil price was traded lower while currently testing the support level 64.90. However, MACD which illustrate diminishing bearish momentum signal suggest the commodity to be traded higher towards the resistance level 66.40.

 

Resistance level: 66.40, 67.85

Support level: 64.90, 62.75