XTIUSD Chart Technical Outlook

XTIUSD Chart Technical Outlook trades with a positive bias above $82.00, US NFP data looms
•XTI prices gain momentum amid the risk-on mood, the softer US Dollar.
•The anticipation that FOMC has reached a peak in its interest rate hiking cycle and the rising geopolitical tensions boost XTI prices.
•Oil traders await the US employment data, including Nonfarm Payrolls (NFP), due later on Friday.

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