GCMAsia-CrudeOIL

CrudeOIL
2020-10-27

CrudeOIL, H4: Crude oil price was traded higher following prior rebound from the support level at 38.55. MACD which illustrate diminishing bearish momentum suggest the commodity to extend its gains toward the resistance level at 39.30.
Resistance level: 39.30, 39.85
Support level: 38.55, 37.95