GCMAsia - CrudeOIL
CrudeOIL
2020-10-16
CrudeOIL, H4: Crude oil price remain traded in a sideway channel while currently testing near the resistance level 41.55. However, MACD which illustrate ongoing bullish momentum signal with the formation of golden cross suggest the commodity to be traded higher after it breaks above the resistance level.
Resistance level: 41.55, 43.45
Support level: 39.25, 37.00