GCMAsia - CrudeOIL

CrudeOIL
2020-06-26

CrudeOIL, H4: Crude oil price was traded lower following prior retracement from the resistance level at 39.25. However, MACD which illustrate diminishing bearish momentum signal suggest the commodity to undergo technical correction toward the higher level.
Resistance level: 39.25, 41.35
Support level: 37.45, 34.65