Daily Market Analysis 07/10/2021: OIL
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 80.24 with take profit at 80.55 Bearish Preference: Sell position is envisaged if price trades below 78.68 with take profit at 78.35 Fundamentals:No Major Fundamental Comment: Oil prices dropped for a second session on Thursday, under pressure from an unexpected rise in U.S. crude stocks …