GCMAsia-CrudeOIL

CrudeOIL
2021-01-12

CrudeOIL, H4: Crude oil price was traded higher while currently testing the resistance level at 52.45. However, MACD which illustrated increasing bearish momentum suggest the commodity to be traded lower in short-term as technical correction.
Resistance level: 52.45, 56.10
Support level: 49.35, 47.35