GCMAsia- CrudeOIL

CrudeOIL
2020-02-18

CrudeOIL, H4: Crude oil price was traded higher while currently testing the resistance level at 52.35. However, MACD which illustrated diminishing bullish momentum suggest the commodity to be traded lower in short-term as technical correction.
Resistance level: 52.35, 54.05
Support level: 50.95, 49.75