GCMAsia- CrudeOIL

CrudeOIL
2019-10-17

CrudeOIL, H1: Crude oil price was traded lower while currently testing the support level at 52.75. However, MACD which illustrated diminishing bearish momentum suggest the commodity to be traded higher in short-term as technical correction.
Resistance level: 53.55, 54.20
Support level: 52.75, 52.05