GCMAsia-CrudeOIL

CrudeOIL
2020-08-19

CrudeOIL, H4: Crude oil price was traded higher while currently testing the resistance level at 43.05. However, MACD which illustrated diminishing bullish momentum suggest the commodity to be traded lower in short-term as technical correction.
Resistance level: 43.05, 44.55
Support level: 42.10, 40.95