GCMAsia - CrudeOIL

CrudeOIL
2020-08-14

CrudeOIL, H4: Crude oil price was traded higher while currently testing the resistance level 42.60. However, MACD which illustrate diminishing bullish momentum signal suggest the commodity to experience a technical correction towards the support level 41.05.
Resistance level: 42.60, 43.55
Support level: 41.05, 39.60