GCMAsia - CrudeOIL

CrudeOIL
2019-04-08

CrudeOIL, H4: Crude oil price was traded higher following prior breakout above the previous resistance level 62.50. However, MACD which illustrate diminishing bullish momentum suggest the commodity to experience a technical correction in short term towards the support level 62.50.
Resistance level: 64.10, 65.90
Support level: 62.50, 60.20