GCMAsia-CrudeOIL

CrudeOIL
2020-12-22

CrudeOIL, H4: Crude oil price was traded higher following prior rebound from the upward trendline. MACD which illustrated diminishing bearish momentum suggest the commodity to extend its gains toward the resistance level at 48.15.
Resistance level: 48.15, 49.40
Support level: 47.10, 46.20