GCMAsia-CrudeOIL

CrudeOIL
2021-02-16

CrudeOIL, H1: Crude oil price was traded lower while currently testing the support level at 60.00. However, MACD which illustrated diminishing bearish momentum suggest the commodity to be traded higher in short-term as technical correction.
Resistance level: 61.20, 62.00
Support level: 60.00, 58.85