The short term trend of the pair is to the upside. Intraday trading range of the pair is expected among key support at 88.00 and key resistance at 92.00. Based upon my chart analysis, I prefer to buying the Oil with a break above 89.00 with targets 90.00 then 91.40 and stoploss with four hour candle closing below 88.00. Now the price dropped a little and keep the level of 87.40 ... quite difficult to tell where to go next, I think have to wait for the breakdown of narrowing of the triangle, and some market recovery ... but still better to sit on the fence ... I think the situation is quite uncertain and may go either way ...