Daily Market Analysis 09.03.2022: OIL
Instrument: OIL Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 128.28 with take profit at 130.42 . Bearish Preference: Sell position is envisaged if price trades below 123.01 with take profit at 121.03 Fundamentals:4:30pm USD Crude Oil Inventories Comment: Oil has slipped lower than $125 a barrel in volatile trading on Wednesday as investors assessed the U.S. ban …
