GCMAsia - CrudeOIL
CrudeOIL
2019-09-13
CrudeOIL, H4: Crude oil price was traded lower following prior breakout below the previous support level at 55.90. However, MACD which illustrate diminishing bearish momentum suggest the commodity to undergo short term technical correction toward the resistance level at 55.90.
Resistance level: 55.90, 56.80
Support level: 54.65, 52.95