GCMAsia - CrudeOIL

CrudeOIL
2020-09-02

CrudeOIL, H4: Crude oil price remain traded in a sideway channel while currently testing near the support level 42.60. However, MACD which display bearish bias signal suggest the commodity to be traded lower after it breaks below the support level.
Resistance level: 43.95, 46.20
Support level: 42.60, 41.05