GCMAsia- CrudeOIL

CrudeOIL
2020-07-06

CrudeOIL, H4: Crude oil price was traded higher while currently testing the resistance level at 40.40. However, MACD which illustrated increasing bearish momentum suggest the commodity to be traded lower in short-term as technical correction.
Resistance level: 40.40, 41.40
Support level: 39.25, 37.75