GCMAsia-CrudeOIL

CrudeOIL
2020-10-01

CrudeOIL, H1: Crude oil price was traded higher while currently testing the resistance level at 40.05. However, MACD which illustrated diminishing bullish momentum suggest the commodity to be traded lower in short-term as technical correction.
Resistance level: 40.05, 40.55
Support level: 39.20, 38.55