GCMAsia-CrudeOIL

CrudeOIL
2020-07-10

CrudeOIL, H4: Crude oil price was traded lower while currently near the support level at 39.05. However, MACD which illustrated diminishing bearish momentum suggest the commodity to be traded higher in short-term as technical correction.
Resistance level: 40.80, 43.20
Support level: 39.05, 37.10