GCMAsia- CrudeOIL

CrudeOIL
2020-02-28

CrudeOIL, H4: Crude oil price was traded lower following prior breakout below the support level at 47.20. MACD which illustrated diminishing bearish momentum suggest the commodity to extend its losses towards support level at 44.65.
Resistance level: 47.20, 49.95
Support level: 44.65, 42.65