GCMAsia-CrudeOIL

CrudeOIL
2021-01-29

CrudeOIL, H4: Crude oil price was traded lower following prior breakout below the upward trendline. MACD which illustrated bearish bias momentum suggest the commodity to extend its losses toward the support level at 51.65.
Resistance level: 52.60, 53.75
Support level: 51.65, 50.65