GCMAsia - CrudeOIL
CrudeOIL
2020-02-28
CrudeOIL, H4: Crude oil price was traded lower while currently testing the support level 48.55. However, MACD which illustrate diminishing bearish momentum suggest the commodity to experience a short term technical correction towards the resistance level 49.40.
Resistance level: 49.40, 51.20
Support level: 46.55, 44.40