GCMAsia - CrudeOIL

CrudeOIL
2020-04-15

CrudeOIL, H4: Crude oil price was traded lower following prior breakout below the previous support level at 21.80. However, MACD which illustrate diminishing bearish momentum suggest the commodity to undergo technical correction toward the resistance level at 21.80.
Resistance level: 21.80, 23.75
Support level: 20.10, 17.50