GCMAsia - CrudeOIL

CrudeOIL
2020-06-16

CrudeOIL, H1: Crude oil price was traded higher following prior rebound from the lower level. However, MACD which illustrate diminishing bullish momentum signal suggest the commodity to undergo technical correction toward the support level at 36.10.
Resistance level: 37.90, 39.25
Support level: 36.10, 34.35