GCMAsia - CrudeOIL

CrudeOIL
2020-11-05

CrudeOIL, H4: Crude oil price was traded higher while currently testing the resistance level 39.25. However, MACD which illustrate diminishing bullish momentum signal suggest the commodity to experience a technical correction towards the support level 36.55.
Resistance level: 39.25, 41.55
Support level: 36.55, 34.10