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Daily Market Analysis 11|05|2021: OIL

Instrument: OILs Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 67.93 with take profit at 68.15. Bearish Preference: Sell position is envisaged if price trades below 67.33 with take profit at 67.12. Fundamentals:No Major Fundamental. Comment: Oil prices slipped Tuesday, with the markets seemingly expecting only minor localized disruption to U.S. supplies from Friday’s cyber attack …

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