GCMAsia- CrudeOIL

CrudeOIL
2020-06-12

CrudeOIL, H4: Crude oil price was traded lower while currently near the support level at 34.75. However, MACD which illustrated diminishing bearish momentum suggest the commodity to be traded higher in short-term as technical correction.
Resistance level: 37.55, 40.25
Support level: 34.75, 31.75