GCMAsia - CrudeOIL

CrudeOIL
2020-01-15

CrudeOIL, H4: Crude oil price was traded lower following prior retracement from the resistance level at 58.60. However, MACD which illustrated bullish momentum signal suggest the commodity to be traded higher in short-term as technical correction.
Resistance level: 58.60, 59.70
Support level: 57.60, 56.80