Oil is trading with a bullish bias during today’s session, supported by stability above the key pivot level at 90.00. Holding above this level keeps the positive outlook intact and supports further upside momentum in the short term.
If the price continues to rise, it may target 95.00 as a first objective, followed by 100.00 if buying pressure strengthens.
However, a break below 90.00 could lead to a corrective move toward 85.00 and then 80.00. Overall, the bullish scenario remains valid as long as price holds above 90.00.
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