Daily Market Analysis 08.07.2022: OIL
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 106.59 with take Profit at 107.21. Bearish Preference: Sell position is envisaged if price trades below price 103.54 with take Profit at 102.93. Fundamentals:No major fundamentals Comment:Oil prices edged slightly higher in volatile Asian trade on Friday, reversing earlier losses as the market weighed up …