GCMAsia - CrudeOIL

CrudeOIL
2019-07-26

CrudeOIL, H4: Crude oil price was traded higher while currently testing near the resistance level 56.30. However, due to lack of signal and momentum from the MACD, a breakout above or retracement from the resistance level is required to obtain further confirmation before entering the market.
Resistance level: 56.30, 57.95
Support level: 54.60, 52.65