GCMAsia - CrudeOIL
CrudeOIL
2019-06-11
CrudeOIL, H4: Crude oil price was traded higher following prior rebound from its recent lows. However, MACD which indicate bearish bias signal with the starting formation of death cross suggest the commodity to be traded lower in short term towards the support level 52.70.
Resistance level: 54.50, 55.75
Support level: 52.70, 50.55