Daily Market Analysis 25/08/2021: OILs

Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 70.63 with take profit at 70.85. Bearish Preference: Sell position is envisaged if price trades below 69.68 with take profit at 69.43. Fundamentals:3:30pm USD Crude Oil                             Inventories Comment: Oil prices nudged lower on Wednesday, taking …

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