GCMAsia - CrudeOIL

CrudeOIL
2019-05-07

CrudeOIL, H4: Crude oil price was traded lower while currently testing near the support level 61.85. However, MACD which display bullish momentum suggest the commodity to undergo short-term technical correction and rebound towards the resistance level 63.15.
Resistance level: 63.15, 64.65
Support level: 61.85, 60.15