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Oil Continues Bullish Trend Above 90.00

Oil Continues Bullish Trend Above 90.00

Oil/USD remains in a bullish intraday trend, supported by steady trading above the key pivot level at 90.00, reflecting continued strength in buying momentum. As long as the price holds above this level, the bullish scenario remains valid, with potential targets at 95.00 followed by 100.00 if the upward movement continues.

However, if the price fails to stay above 90.00 and starts to decline, a corrective move may push it toward 85.00 and then 80.00, which are considered important support levels. Overall, maintaining levels above 90.00 supports the continuation of the upward move toward 95.00 in the near term.

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