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GCMAsia-CrudeOIL
CrudeOIL
CrudeOIL
2021-01-27

CrudeOIL, H4: Crude oil price was traded higher following prior rebound from the support level at 51.75. MACD which illustrated increasing bullish momentum suggest the commodity to extend its gains toward resistance level at 54.00.

 

Resistance level: 54.00, 55.80

Support level: 51.75, 50.00