GCMAsia-CrudeOIL

CrudeOIL
2020-06-08

CrudeOIL, H1: Crude oil price was traded higher while currently testing the resistance level at 40.30. However, MACD which illustrated diminishing bullish momentum suggest the commodity to be traded lower in short-term as technical correction.
Resistance level: 40.30, 42.95
Support level: 38.15, 35.95