GCMAsia- CrudeOIL
CrudeOIL
2019-10-07
CrudeOIL, H1: Crude oil price was traded flat near the resistance level at 52.85. However, MACD which illustrated diminishing bearish momentum suggest the commodity to be traded higher after it successfully breakout above the resistance level.
Resistance level: 52.85, 53.25
Support level: 52.25, 51.65