GCMAsia - CrudeOIL
CrudeOIL
2019-03-08
CrudeOIL, H4: Crude oil price remains traded in sideway channel. Due to lack of momentum and clear signal from MACD, it is suggested to wait until further signal appear such as breakout above the resistance level or below the support level for further confirmation before entering the market.
Resistance level: 57.50, 59.20
Support level: 55.60, 54.30