• -0.1% in Asia on broad USD weakness - CLc1 oil trades -0.6%
  
  
• Opened -1.6%, as oil surged 5% yesterday to close +9.5% for the week
  
  
• 1.2360 range base has broken - momentum studies, 5, 10 & 20 dma's head lower
  
  
• Initial support/resistance at 1.2246/1.2306