GCMAsia - CrudeOIL

CrudeOIL
2020-06-17

CrudeOIL, H4: Crude oil price was traded higher while currently testing near the resistance level 39.25. However, MACD which illustrate diminishing bullish momentum signal suggest the commodity to experience a short term technical correction towards the support level 35.05.
Resistance level: 39.25, 43.85
Support level: 35.05, 31.05