GCMAsia- CrudeOIL

CrudeOIL
2020-02-25

CrudeOIL, H4: Crude oil price was traded lower while currently testing the support level at 51.25. However, MACD which illustrated diminishing bearish momentum suggest the commodity to be traded higher in short-term as technical correction.
Resistance level: 53.05, 55.75
Support level: 51.25, 49.65