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GCMAsia-CrudeOIL
CrudeOIL
CrudeOIL
2020-11-26

CrudeOIL, H1: Crude oil price was traded higher while currently testing the resistance level at 46.25. MACD which illustrated diminishing bearish momentum suggest the commodity to extend its gains after it successfully breakout above the resistance level.

 

Resistance level: 46.25, 47.85

Support level: 44.80, 42.95