GCMAsia - CrudeOIL
CrudeOIL
2020-01-14
CrudeOIL, H4: Crude oil price was traded lower while currently testing the support level 57.75. However, MACD which illustrate diminishing bearish momentum signal suggest the commodity to be traded higher as a short term technical correction towards the resistance level 59.55.
Resistance level: 59.55, 61.05
Support level: 57.75, 56.30