GCMAsia - CrudeOIL

CrudeOIL
2019-09-03

CrudeOIL, H4: Crude oil price was traded lower while currently testing the support level at 54.65. However, MACD which illustrate diminishing bearish momentum suggest the commodity to be traded higher in short term toward the resistance level at 55.90.
Resistance level: 55.90, 56.80
Support level: 54.75, 53.00