The Brazilian Real strengthened against the U.S. dollar in European trading on Friday, as oil prices rose following a data showing a drawdown in US crude inventories, shrugging off news that OPEC meeting failed to take a decision on output ceiling.

The Brazilian Real climbed to a 3-day high of 3.5774 versus the greenback, compared to Thursday's closing value of 3.5852. The Brazilian Real may locate resistance around the 3.4 mark.

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