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Instrument: OILs
Technical Analysis
Bullish Preference:
Buy position is envisaged if price trades above 105.67 take profit at 106.36.
Bearish Preference:
Sell position is envisaged if price trades below 102.80 take profit at 102.32.
Fundamentals:
No Major Fundamental
Comment:
Oil prices extended their gains on Friday at the end of a third volatile week of trade after slim progress in peace talks between Russia and Ukraine raised the spectre of prolonged disruption to oil supply.
Analysis: SCRUM Team
