GCMAsia-CrudeOIL

CrudeOIL
2020-08-26

CrudeOIL, H1: Crude oil price was higher while currently testing the resistance level at 43.40. However, MACD which illustrated diminishing bullish momentum suggest the commodity to be traded lower in short-term as technical correction.
Resistance level: 43.40, 43.75
Support level: 43.05, 42.65