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281220 CrudeOIL

by | Dec 28, 2020 | Crudeoil | 0 comments

GCMAsia-CrudeOIL
CrudeOIL
CrudeOIL
2020-12-28

CrudeOIL, H1: Crude oil price was traded lower while currently testing the support level at 47.60. MACD which illustrated increasing bearish momentum suggest the commodity to extend its losses after it successfully breakout below the support level.

 

Resistance level: 48.45, 49.20

Support level: 47.60, 46.25