GCMAsia - CrudeOIL
CrudeOIL
2019-02-14
CrudeOIL, H4: Crude oil price was traded higher following prior breakout from previous resistance level at 53.90. MACD which illustrate diminishing bullish momentum suggest the commodity to undergo short-term technical correction and retrace towards the support level 53.90.
Resistance level: 55.00, 56.15
Support level: 53.90, 52.70