GCMAsia - CrudeOIL

CrudeOIL
2019-03-25

CrudeOIL, H4: Crude oil price was traded lower while currently testing near the support level 57.90. However, MACD which illustrate diminishing bearish momentum suggest the commodity to experience a short-term technical correction towards the resistance level 60.20.
Resistance level: 60.20, 63.10
Support level: 57.90, 55.60