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120521 CrudeOIL-Noon

by | May 12, 2021 | Crudeoil | 0 comments

GCMAsia-CrudeOIL
CrudeOIL
CrudeOIL
2021-05-12

CrudeOIL, H4: Crude oil price was traded higher following prior rebound from the support level 64.25. MACD which illustrate diminishing bearish momentum signal with the formation of golden cross suggest the commodity to extend its rebound towards the resistance level 66.60.

 

Resistance level: 66.60, 67.85

Support level: 64.40, 62.35