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301220 CrudeOIL

by | Dec 30, 2020 | Crudeoil | 0 comments

GCMAsia-CrudeOIL
CrudeOIL
CrudeOIL
2020-12-30

CrudeOIL, H1: Crude oil price was traded lower following prior retracement from the resistance level at 48.45. MACD which illustrated diminishing bullish momentum suggest the commodity to extend its losses toward support level at 47.55.

 

Resistance level: 48.45, 48.95

Support level: 47.55, 47.10