GCMAsia - CrudeOIL
CrudeOIL
2020-03-23
CrudeOIL, H4: Crude oil price was traded higher following prior rebound from the support level at 21.50. However, MACD which illustrate diminishing bullish momentum and the formation of death cross suggest the commodity to undergo technical correction toward the support level at 21.50.
Resistance level: 25.75, 30.50
Support level: 21.50, 19.10