GCMAsia - CrudeOIL
CrudeOIL
2020-02-19
CrudeOIL, H4: Crude oil was traded in a tight range while currently testing near the resistance level 52.55. However, MACD which illustrate diminishing bearish momentum signal suggest the commodity to be traded higher after it breaks above the resistance level.
Resistance level: 52.55, 54.20
Support level: 51.25, 49.55