GCMAsia - CrudeOIL
CrudeOIL
2019-10-15
CrudeOIL, H4: Crude oil price remain traded in a sideway channel following recent retracement from the resistance level 54.80. However, MACD which display bearish momentum signal suggest the commodity to extend its retracement in short term towards the support level 51.45.
Resistance level: 54.80, 58.35
Support level: 51.45, 48.15