Daily Market Analysis 30.03.2022: OIL
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 110.89 with take profit at 111.43 Bearish Preference: Sell position is envisaged if price trades below 108.98 with take profit at 108.62 Fundamentals:3:30pm USD Crude Oil Inventories Comment: Oil prices clawed back heavy losses to rise more than 2% on Wednesday on supply tightness and the growing …