Daily Market Analysis 22.09.2022: OIL
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 91.39 with take profit at 92.01. Bearish Preference: Sell position is envisaged if price trades below 90.12 with take profit at 89.38. Fundamentals:There is no strong fundamental in direct bearing with this commodity. Comment: Crude oil demand in China, the world’s largest oil importer, is rebounding, …