Daily Market Analysis 26/07/2021: OILS

Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 73.51 with take profit at 73.78. Bearish Preference: Sell position is envisaged if price trades below 72.55 with take profit at 72.26. Fundamentals:No major fundamental. Comment: Having staged the mother of all “Delta-dips,” followed by the mother of all FOMO buy-the-dip rallies last week, oil now …

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