GCMAsia-CrudeOIL
CrudeOIL
2020-10-08
CrudeOIL, H4: Crude oil price was traded higher while currently testing the resistance level at 40.05. However, MACD which illustrate diminishing bullish momentum signal suggest the commodity to undergo technical correction in short term toward the support level at 39.30.
Resistance level: 40.05, 40.70
Support level: 39.30, 38.65