GCMAsia - CrudeOIL

CrudeOIL
2019-08-15

CrudeOIL, H1: Crude oil price was traded higher while currently testing near its 20-MA line (green). MACD which illustrate diminishing bearish momentum suggest the commodity to be traded higher after successfully closing above the 20-MA line.
Resistance level: 55.75, 57.95
Support level: 54.00, 52.45