GCMAsia-CrudeOIL

CrudeOIL
2020-11-23

CrudeOIL, H1: Crude oil price was traded higher while currently testing the resistance level at 42.65. However, MACD which illustrated diminishing bullish momentum suggest the commodity to be traded lower in short-term as technical correction.
Resistance level: 42.65, 43.70
Support level: 41.70, 40.15