GCMAsia-CrudeOIL

CrudeOIL
2020-12-07

CrudeOIL, H1: Crude oil price was traded lower while currently testing the bottom level of upward channel. MACD which illustrate bearish momentum signal suggest the commodity to extend its losses after it successfully breakout below the bottom level of upward channel.
Resistance level: 46.65, 48.20
Support level: 45.55, 44.65