GCMAsia - CrudeOIL

CrudeOIL
2020-10-26

CrudeOIL, H4: Crude oil price remain traded in a sideway channel while currently testing the support level 39.00. However, MACD which illustrate bearish momentum signal suggest the commodity to be traded lower after it breaks below the support level 39.00.
Resistance level: 41.55, 43.95
Support level: 39.00, 36.55