GCMAsia - CrudeOIL
CrudeOIL
2019-08-12
CrudeOIL, H4: Crude oil price was traded higher following prior breakout above the previous resistance level 53.05. However, MACD which illustrate diminishing bullish momentum suggest the commodity to undergo a technical correction towards the current support level 53.05.
Resistance level: 55.55, 57.45
Support level: 53.05, 50.45