Daily Market Analysis 06.07.2022: OIL
Instrument: OIL Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 105.99 with Take Profit at 106.90 Bearish Preference: Sell position is envisaged if price trades below 104.33 with Take Profit at 103.70 Fundamentals:No major fundamental Comment: Oil prices rose as much as nearly 3% on Wednesday before paring some gains as investors piled back into the market …