GCMAsia- CrudeOIL

CrudeOIL
2020-07-08

CrudeOIL, H4: Crude oil price was traded within a range while currently testing the support level at 40.30. MACD which illustrated increasing bearish momentum suggest the pair to be traded lower after it successfully breakout below the support level.
Resistance level: 41.40, 42.55
Support level: 40.30, 39.25