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051020 CrudeOIL

by | Oct 5, 2020 | Crudeoil | 0 comments

GCMAsia-CrudeOIL
CrudeOIL
CrudeOIL
2020-10-05

CrudeOIL, H4: Crude oil price was traded lower while currently testing the support level at 37.00. However, MACD which illustrated diminishing bearish momentum suggest the commodity to be traded higher in short-term as technical correction.

 

Resistance level: 38.05, 39.25

Support level: 37.00, 36.10