Daily Market Analysis 29.12.2022: OIL
Instrument: OILs Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 83.97 with take profit at 84.54. Bearish Preference: A Sell position is envisaged if price trades below price 82.18 with take profit at 81.44. Fundamentals:No major fundamental Comment: Oil prices dipped on Thursday as surging COVID-19 cases in China dimmed hopes of a recovery in …