GCMAsia-CrudeOIL

CrudeOIL
2020-09-09

CrudeOIL, H4: Crude oil price was traded lower following prior breakout below the previous support level at 37.65. However, MACD which illustrated diminishing bearish momentum suggest the commodity to undergo technical rebound in short term.
Resistance level: 37.65, 38.75
Support level: 35.65, 34.25