Daily Market Analysis 30.05.2022: OIL
Instrument: OIL Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 117.70 with take profit at 118.93 Bearish Preference: Sell position is envisaged if price trades below 115.22 with take profit at 114.34 Fundamentals:No Major Fundamental Comment: Oil prices climbed above $120 a barrel on Monday, hitting their highest in more than two months, as traders waited to see …