GCMAsia - CrudeOIL

CrudeOIL
2020-06-05

CrudeOIL, H4: Crude oil price was traded higher following prior rebound from the lower level. MACD which illustrate diminishing bearish momentum suggest the commodity to extend its gains toward the resistance level at 38.00.
Resistance level: 38.00, 41.05
Support level: 34.35, 31.25