Daily Market Analysis 16.05.2023: OIL+
Instrument: OIL+ Technical Analysis Bullish Preference: A buy position is envisaged if the price trades above 75.41 with take profit at 75.53 Bearish Preference: A sell position is envisaged if the price trades below 74.98 with take profit at 74.87 Fundamentals:No major Fundamentals Comment: Crude oil nudged slightly higher on Tuesday after notable gains in the North American session after it …