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Instrument: OIL WTI
Bullish Preference:
A buy position is envisaged if the price trades above 73.43 with take profit at 73.69.
Bearish Preference:
A sell position is envisaged if the price trades below 72.85 with take profit at 72.52.
Fundamentals:
None with High Impact
Comment:
Oil prices dipped in Asian trade on Monday as investors tread cautiously ahead of fresh economic data from top consumers the United States and China this week, though expected crude supply cuts from Saudi Arabia and Russia limited losses.
Analysis: SCRUM Team
