GCMAsia - CrudeOIL
CrudeOIL
2020-10-01
CrudeOIL, H4: Crude oil price remain traded in a sideway channel following recent rebound from the support level 39.00. However, MACD which illustrate bullish bias signal with the formation of golden cross suggest the commodity to extend its rebound in short term towards the resistance level 41.35.
Resistance level: 41.35, 43.95
Support level: 39.00, 36.65