Daily Market Analysis 15.08.2022: OIL
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 97.52 with take Profit at 98.14 Bearish Preference: Sell position is envisaged if price trades below 96.29 with take Profit at 95.76 Fundamentals:None with high impact Comment:Oil prices dropped for a second session on Monday as weak China economic data triggered concerns about demand at the world’s …