GCMAsia-CrudeOIL

CrudeOIL
2020-07-16

CrudeOIL, H4: Crude oil price was traded higher while currently testing the resistance level at 41.40. However, MACD which illustrated diminishing bullish momentum suggest the commodity to be traded lower in short-term as technical correction.
Resistance level: 41.40, 43.00
Support level: 39.35, 37.60