Oil against the US dollar is trading in a bullish trend during today’s session, holding above the pivot level of 64.00.
If upward momentum continues, the price is expected to target 65.00 followed by 66.00.
Alternatively, in case of a bearish correction, prices may decline toward 62.00 and then 61.00.
The bullish outlook remains valid as long as oil stabilizes above 64.00, supporting a move toward 65.00.
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