GCMAsia - CrudeOIL

CrudeOIL
2019-03-05

CrudeOIL, H1: Crude oil price remains traded within a narrowing triangle following prior retrace from the top. MACD which illustrate diminished upward momentum suggests its prices to be traded lower in short-term, towards the lower level of the triangle.
Resistance level: 56.45, 57.45
Support level: 55.60, 55.15