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