GCMAsia - CrudeOIL

CrudeOIL
2019-08-13

CrudeOIL, H4: Crude oil price was traded higher following prior breakout above its 60-MA line (red). MACD which display ongoing bullish momentum suggest the commodity to extend its gains towards the resistance level 55.75.
Resistance level: 55.75, 57.95
Support level: 54.00, 52.45