OIL (BRN).
Despite the weaknesses of important U.S. data on Friday in London quoting Brent
crude was able to stay in positive territory, receiving support from a weak
U.S. dollar and unrest in the Middle East. Additionally it’s supported by
quotation of good data on new financial aid to Greece. In this situation it is
still better to look to purchase and view them in the strongest barriers to
115.00-116.00 with a potential yield in the target and pivot resistance in the
121.00-122.60.
Trading signal.
Up / down several days. Buy from 115.00-116.00. TP: 121.50. SL: 113.50.