Instrument: OILs
Technical Analysis
Bullish Preference:
Buy position is envisaged if price trades above 90.71 with take profit at 90.92
Bearish Preference:
Sell position is envisaged if price trades below 89.97 with take profit at 89.71
Fundamentals:
No high-impact fundamental
Comment:
European stock markets are expected to open lower Friday, as rising bond yields reinforced expectations of an economic slowdown while U.K. political turmoil continued.
Analysis: SCRUM Team