GCMAsia-CrudeOIL

CrudeOIL
2020-10-09

CrudeOIL, H4: Crude oil price was traded higher while currently testing the resistance level at 41.50. However, MACD which illustrated diminishing bullish momentum suggest the commodity to be traded lower in short-term as technical correction.
Resistance level: 41.50, 43.05
Support level: 40.55, 39.25