GCMAsia-CrudeOIL

CrudeOIL
2020-08-27

CrudeOIL, H4: Crude oil price was traded higher while currently testing the resistance level at 43.40. However, MACD which illustrate diminishing bullish momentum suggest the commodity to extend its losses toward the support level at 42.75.
Resistance level: 43.40, 44.35
Support level: 42.75, 42.05