Daily Market Analysis 03|06|2021: OIL
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 72.03 with take profit at 72.40. Bearish Preference: Sell position is envisaged if price trades below 71.06 with take profit at 70.63. Fundamentals:USD 3:30PM Natural Gas Storage 4:00PM Crude Oil Inventories Comment: Oil prices rose for a third day on Thursday on expectations …