GCMAsia-CrudeOIL

CrudeOIL
2020-03-20

CrudeOIL, H1: Crude oil price was traded higher while currently testing the resistance level at 27.30. However, MACD which illustrated diminishing bullish momentum suggest the commodity to be traded lower in short-term as technical correction.
Resistance level: 27.30, 29.20
Support level: 24.15, 22.45