Buy position is envisaged if price trades above 77.19 with take profit at 77.57
Sell position is envisaged if price trades below 75.61 with take profit at 75.21
No Major Fundamental.
Oil prices bounced higher on Friday as closure of a major Canada-to-U.S. crude pipeline disrupted supplies, but both benchmarks were headed for a weekly loss on worries over slowing global demand growth.
Analysis: SCRUM Team