GCMAsia - CrudeOIL
CrudeOIL
2019-03-22
CrudeOIL, H4: Crude oil price was traded higher following prior rebound from the support level 59.55. However, MACD which display bearish momentum and the formation of death cross suggest the commodity to undergo short-term technical correction and traded lower towards the support level 59.55.
Resistance level: 60.55, 61.90
Support level: 59.55, 58.70