GCMAsia-CrudeOIL

CrudeOIL
2020-07-27

CrudeOIL, H4: Crude oil price was traded flat near the current support level 41.00. However, MACD which illustrate diminishing bearish momentum signal suggest the commodity to be traded higher in short term towards the resistance level 42.45.
Resistance level: 42.45, 43.85
Support level: 41.00, 39.10