GCMAsia - CrudeOIL

CrudeOIL
2020-05-20

CrudeOIL, H4: Crude oil price was traded lower following prior retracement from the resistance level at 33.00. MACD which illustrate bearish divergence signal suggest the commodity to extend its losses toward the support level at 30.50.
Resistance level: 33.00, 35.30
Support level: 30.50, 28.75