GCMAsia- CrudeOIL

CrudeOIL
2020-02-14

CrudeOIL, H4: Crude oil price was traded higher while currently testing near the resistance level 52.15. However, MACD which illustrate diminishing bullish momentum suggest the commodity to experience a technical correction towards the support level 49.55.
Resistance level: 52.15, 54.65
Support level: 49.55, 46.90