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250220 CrudeOIL-Noon

by | Feb 25, 2020 | Crudeoil | 0 comments

GCMAsia - CrudeOIL
CrudeOIL
CrudeOIL
2020-02-25

CrudeOIL, H4: Crude oil price was traded higher following prior rebound from the support level 51.20. MACD which illustrate diminishing bearish momentum suggest the commodity to extend its rebound towards the resistance level 52.55.

 

Resistance level: 52.55, 54.20

Support level: 51.20, 49.55