GCMAsia - CrudeOIL

CrudeOIL
2020-09-18

CrudeOIL, H4: Crude oil price was traded higher while currently testing the resistance level 41.35. However, MACD which illustrate diminishing bullish momentum signal suggest the commodity to be traded lower as a technical correction towards the support level 39.00.
Resistance level: 41.35, 43.95
Support level: 39.00, 36.65