GCMAsia - CrudeOIL
CrudeOIL
2020-02-12
CrudeOIL, H4: Crude oil price was traded lower while currently testing near the support level 49.55. However, MACD which illustrate bullish bias signal with the formation of golden cross suggest the commodity to experience a technical correction towards the resistance level 52.60.
Resistance level: 52.60, 54.65
Support level: 49.55, 48.30