GCMAsia - CrudeOIL

CrudeOIL
2019-04-09

CrudeOIL, H4: Crude oil price was traded higher following prior breakout above the previous resistance level 64.00. However, MACD which illustrate diminishing bullish momentum suggest the commodity to experience a technical correction in short term towards the support level 64.00.
Resistance level: 65.90, 67.85
Support level: 64.00, 62.75