Daily Market Analysis 24.10.2022: OIL

Instrument: OILs Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 90.76 with take profit at  91.33 Bearish Preference: Sell position is envisaged if price trades below 89.54 with take profit at 88.99 Fundamentals:None with high impact Comment: Oil prices slid more than 1% on Monday after Chinese data showed that demand from the world’s largest crude importer remained …

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