GCMAsia-CrudeOIL
CrudeOIL
2020-05-20
CrudeOIL, H4: Crude oil price was traded higher while currently testing near the resistance level 33.60. However, MACD which illustrate bearish bias signal with the formation of death cross suggest the commodity to be traded lower as a technical correction towards the support level 28.00.
Resistance level: 33.60, 38.45
Support level: 28.00, 21.35