Daily Market Analysis 10|05|2021: OIL
Instrument: OILs Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 69.06 with a take profit at price 69.19. Bearish Preference: A Sell position is envisaged if price trades below price 68.48 with a take profit at price 68.20. Fundamentals:No major fundamental. Comment: Crude oil prices edged higher during the Asia-Pacific mid-day session as a …