GCMAsia - CrudeOIL
CrudeOIL
2020-09-21
CrudeOIL, H4: Crude oil price was traded higher while currently testing the resistance level 41.35. However, MACD which illustrate diminishing bullish momentum signal with the formation of death cross suggest the commodity to be traded lower as a technical correction towards the support level 39.00.
Resistance level: 41.35, 43.95
Support level: 39.00, 36.65