Daily Market Analysis 29|03|2021: OIL
Instrument: OILs Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 64.21 with a take profit at price 64.45. Bearish Preference: A Sell position is envisaged if price trades below price 63.00 with take profit at price 62.25. Fundamentals:No major Fundamentals Comment: Crude oil ended slightly lower last week with prices dropping roughly -1% to $60.72/bbl. …