GCMAsia-CrudeOIL

USDCHF
2020-08-17

CrudeOIL, H4: Crude oil price was traded higher following prior rebound from the support level at 42.10. MACD which illustrate diminishing bearish momentum suggest the commodity to extend its gains toward the resistance level at 42.90.
Resistance level: 42.90, 43.55
Support level: 42.10, 41.15