GCMAsia-CrudeOIL

CrudeOIL
2020-10-20

CrudeOIL, H4: Crude oil price was traded higher while currently testing near the resistance level at 40.90. However, MACD which illustrate bearish bias momentum signal suggest the commodity to be traded lower as technical correction.
Resistance level: 40.90, 41.40
Support level: 40.40, 39.85