Oil/USD is trading with a clear bullish bias during the day, supported by stability above the key pivot level at 90.00, which reflects strong buying interest in the market. As long as the price remains above this level, the upward scenario stays favored, with potential targets at 95.00 followed by 100.00 if bullish momentum continues.
On the other hand, if the price fails to hold above 90.00 and starts to reverse, a corrective move may push it toward 85.00 and then 80.00, which are considered key support levels. Overall, maintaining trading above 90.00 increases the chance of continued upward movement toward the 95.00 level in the near term.
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