GCMAsia - CrudeOIL

CrudeOIL
2019-06-28

CrudeOIL, H4: Crude oil price was traded higher while currently testing near the resistance level at 59.70. However, MACD which illustrate bearish bias momentum suggest the commodity to be traded lower in short term toward the support level at 58.25.
Resistance level: 59.70, 60.50
Support level: 58.25, 57.05