GCMAsia-CrudeOIL

CrudeOIL
2021-04-30

CrudeOIL, H4: Crude oil price was traded higher following recent breakout above the previous resistance level 64.30. However, MACD which illustrate diminishing bullish momentum signal suggest the commodity to experience a technical correction in short term back towards the level 64.30.
Resistance level: 66.25, 67.80
Support level: 64.30, 62.25