GCMAsia - CrudeOIL

CrudeOIL
2019-08-27

CrudeOIL, H4: Crude oil price was traded higher following prior rebound from its low level. MACD which illustrate bullish bias signal with the formation of golden cross suggest the commodity to extend its rebound towards the resistance level 55.55.
Resistance level: 55.55, 57.45
Support level: 53.05, 50.45