The greenback's weakness is benefiting oil. The black gold has climbed 0.9% since the session started, to trade at79.47 dollars per barrel at the NYMEX.If the price reaches 80.00, it could then perform a pull back to the 78.60, the intraday support. If it breaks that level, the next support is on the fibo 38.2, marked between 79.60 and 78.60 dollars.

/