GCMAsia - CrudeOIL

CrudeOIL
2020-05-08

CrudeOIL, H4: Crude oil price was traded higher following prior rebound from the 20 moving average line (Red). However, MACD which illustrate bearish bias momentum suggest the commodity to undergo technical correction toward the lower level.
Resistance level: 26.40, 28.75
Support level: 21.80, 18.05