GCMAsia - CrudeOIL

CrudeOIL
2019-12-24

CrudeOIL, H4: Crude oil price was traded higher following prior rebound from the 50 moving average line (Blue). MACD which illustrate diminishing bearish momentum suggest the commodity to extend its gains toward the resistance level at 60.80.
Resistance level: 60.80, 62.35
Support level: 59.70, 58.60