GCMAsia-CrudeOIL
CrudeOIL
2021-05-17
CrudeOIL, H4: Crude oil price was traded higher following recent breakout above the previous resistance level 64.25. However, MACD which illustrate diminishing bullish momentum signal suggest the commodity to experience a technical correction towards the support level 64.25.
Resistance level: 66.60, 67.85
Support level: 64.25, 62.35