GCMAsia-CrudeOIL

CrudeOIL
2021-03-25

CrudeOIL, H4: Crude oil price was traded lower following prior retracement from the resistance level at 61.15. However, MACD which illustrated increasing bullish momentum suggest the commodity to be traded higher in short-term as technical correction.
Resistance level: 61.15, 62.75
Support level: 59.30, 57.45