Daily Technical Analysis & Recommendations - Crude Oil - OILUSD - 1st November, 2022

• Crude Oil bounced back from the support around $80-85, 
• Oil still scope to rise towards $90 while above the support $85.80. 
• We must Stay on upward side.

Recommendations: Stay in buying target $90. Stop Loss below $85.80.

Alternative Scenario :  Below $85.80 support will turn intraday neutral first. 

Naveed Anjum

Technical Analyst