GCMAsia - CrudeOIL
CrudeOIL
2019-09-10
CrudeOIL, H4: Crude oil price was traded higher following prior breakout above the previous resistance level at 57.85. However, MACD which illustrate diminishing bullish momentum suggest the commodity to undergo short term technical correction toward the support level at 57.85.
Resistance level: 58.55, 60.35
Support level: 57.85, 56.80