GCMAsia - CrudeOIL
CrudeOIL
2020-11-06
CrudeOIL, H4: Crude oil price was traded lower following prior retracement from the resistance level 39.25. MACD which illustrate diminishing bullish momentum signal wth the starting formation of death cross suggest the commodity to extend its retracement towards the support level 36.55.
Resistance level: 39.25, 41.55
Support level: 36.55, 34.10