GCMAsia - CrudeOIL

CrudeOIL
2019-09-19

CrudeOIL, H4: Crude oil price was traded lower while currently testing the 50 moving average line (Blue). However, MACD which illustrate diminishing downward momentum suggests its price to be traded higher, towards the direction of 58.55.
Resistance level: 58.55, 60.35
Support level: 56.80, 55.90