GCMAsia - CrudeOIL

CrudeOIL
2020-06-30

CrudeOIL, H4: Crude oil price remain traded in a sideway channel while currently testing near the resistance level 40.45. However, MACD which illustrate bullish momentum signal suggest the commodity to be traded higher after it breaks above the resistance level.
Resistance level: 40.45, 43.85
Support level: 35.05, 31.05