GCMAsia - CrudeOIL

CrudeOIL
2019-04-16

CrudeOIL, H4: Crude oil price remain traded in a sideway channel while currently testing near the support level 63.15. However, MACD which illustrate diminishing bearish momentum signal suggest the pair to be traded higher as a technical correction towards the resistance level 64.55.
Resistance level: 64.55, 65.85
Support level: 63.15, 61.75