CrudeOIL, H4: Crude oil price continued its uptrend following a rebound from 20 MA line (Red), currently the price testing to close above the resistance level of 53.30. Closing above this level suggested for further upside movement towards the next target of resistance level at 55.00.
Resistance level: 53.30, 55.00
Support level: 51.95, 51.00