Instrument: OILs
Technical Analysis
Bullish Preference:
A Buy position is envisaged if the price trades above 83.03 with take profit at 83.18
Bearish Preference:
A Sell position is envisaged if the price trades below 82.38 with take profit at 82.26
Fundamentals:
No major fundamental
Comment:
Oil prices extended gains for a second session on Friday as the prospect of lower exports from Russia offset rising inventories in the United States.
Analysis: SCRUM Team
