GCMAsia-CrudeOIL
CrudeOIL
2021-01-28
CrudeOIL, H4: Crude oil price was traded within a range while currently near the support level at 51.75. MACD which illustrated diminishing bullish momentum suggest the commodity to be traded lower after it successfully breakout below the support level.
Resistance level: 53.75, 55.80
Support level: 51.75, 50.00