GCMAsia - CrudeOIL

CrudeOIL
2019-11-06

CrudeOIL, H4: Crude oil price was traded higher while currently testing the resistance level 56.95. However, MACD which illustrate diminishing bullish bias signal suggest the commodity to be traded lower as a technical correction towards the support level 54.80.
Resistance level: 57.35, 59.35
Support level: 54.80, 52.10