GCMAsia-CrudeOIL
CrudeOIL
2020-05-21
CrudeOIL, Daily: Crude oil price was traded higher following prior breakout above the previous resistance level at 29.00. However, MACD which illustrated diminishing bullish momentum suggest the commodity to be traded lower in short-term as technical correction.
Resistance level: 36.00, 42.85
Support level: 29.00, 20.40