GCMAsia- CrudeOIL
CrudeOIL
2019-11-01
CrudeOIL, H4: Crude oil price was traded lower following prior breakout below the previous support level 54.80. However, MACD which illustrate diminishing bearish momentum suggest the commodity to experience a short term technical correction towards the resistance level 54.80.
Resistance level: 54.80, 56.95
Support level: 52.10, 50.15