GCMAsia- CrudeOIL
CrudeOIL
2019-11-25
CrudeOIL, Daily: Crude oil was traded lower following prior retracement from the resistance level at 58.65. However, MACD which illustrated diminishing bearish momentum suggest the commodity to be traded higher in short-term as technical correction.
Resistance level: 58.65, 60.50
Support level: 56.75, 55.40