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210420 CrudeOIL-Noon

by | Apr 21, 2020 | Crudeoil | 0 comments

GCMAsia-CrudeOIL
CrudeOIL
CrudeOIL
2020-04-21

CrudeOIL, H1: Crude oil price was lower following prior retracement from the resistance level at 21.90. However, MACD which illustrated diminishing bearish momentum suggest the commodity to be traded higher in short-term as technical correction.

 

Resistance level: 21.90, 23.45

Support level: 20.30, 17.85