GCMAsia-CrudeOIL

CrudeOIL
2020-05-28

CrudeOIL, H1: Crude oil price was traded lower while currently testing the support level at 31.30. However, MACD which illustrated diminishing bearish momentum suggest the commodity to be traded higher in short-term as technical correction.
Resistance level: 34.25, 36.05
Support level: 31.30, 29.05