GCMAsia - CrudeOIL
CrudeOIL
2020-07-16
CrudeOIL, H4: Crude oil price was traded higher while currently testing the resistance level at 41.30. However, MACD which illustrated diminishing bullish momentum suggest the commodity to be traded lower as a technical correction towards the support level 37.70.
Resistance level: 41.30, 43.85
Support level: 37.70, 34.70