GCMAsia - CrudeOIL
CrudeOIL
2020-06-29
CrudeOIL, H4: Crude oil price remain traded in a sideway channel following recent retracement from its high level. However, MACD which illustrate bearish bias signal suggest the commodity to extend its downward momentum in short term towards the support level 35.05.
Resistance level: 40.45, 43.85
Support level: 35.05, 31.05