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Daily Market Analysis 22.08.2022: OIL

Instrument: OILs Technical Analysis Bullish Preference:  A Buy position is envisaged if price trades above 95.62 with take profit at 95.89 Bearish Preference: A Sell position is envisaged if price trades below price 94.70 with take profit at 94.46 Fundamentals:None with high impact Comment: Oil prices slumped on Monday, ending three days of gains, as investors were concerned aggressive U.S. …

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