GCMAsia-CrudeOIL

CrudeOIL
2020-03-27

CrudeOIL, H1: Crude oil price was traded within a range while currently near the support level at 22.50. However, MACD which illustrated diminishing bearish momentum suggest the commodity to be traded higher in short-term as technical correction.
Resistance level: 24.00, 24.95
Support level: 22.50, 21.45