GCMAsia-CrudeOIL

CrudeOIL
2020-11-12

CrudeOIL, H1: Crude oil price was traded lower while currently testing the support level at 41.35. However, MACD which illustrated diminishing bearish momentum suggest the commodity to be traded higher in short-term as technical correction.
Resistance level: 42.90, 44.55
Support level: 41.35, 39.50