GCMAsia-CrudeOIL

CrudeOIL
2020-04-23

CrudeOIL, H1: Crude oil price was traded within a range while currently testing the support level at 13.90. However, MACD which illustrated diminishing bullish momentum suggest the commodity to be traded lower after it successfully breakout below the support level.
Resistance level: 18.05, 25.50
Support level: 13.90, 10.75