GCMAsia - CrudeOIL

CrudeOIL
2019-12-05

CrudeOIL, H4: Crude oil price was traded higher while currently testing near the resistance level 58.55. However, MACD which illustrate diminishing bullish momentum suggest the commodity to experience a short term technical correction towards the support level 57.50
Resistance level: 58.55, 59.40
Support level: 57.50, 56.30