GCMAsia - CrudeOIL

CrudeOIL
2020-04-06

CrudeOIL, H1: Crude oil price was traded higher following prior breakout above the previous resistance level at 25.90. However, MACD which illustrate bearish bias momentum suggest the commodity to undergo technical correction toward lower level in short term.
Resistance level: 27.40, 28.75
Support level: 25.90, 23.90