Brent Crude OilLong
Brent (ICE) may rise to 80.20 - 81.30
Pivot
78.20
Our preference
Long positions above 78.20 with targets at 80.20 & 81.30 in extension.
Alternative scenario
Below 78.20 look for further downside with 77.60 & 77.10 as targets.
Comment
The next resistances are at 80.20 and then at 81.30.
Supports and resistances
82.40
81.30
80.20
79.29 Last
78.20
77.60
77.10
Number of asterisks represents the strength of support and resistance levels.
78.20
Our preference
Long positions above 78.20 with targets at 80.20 & 81.30 in extension.
Alternative scenario
Below 78.20 look for further downside with 77.60 & 77.10 as targets.
Comment
The next resistances are at 80.20 and then at 81.30.
Supports and resistances
82.40
81.30
80.20
79.29 Last
78.20
77.60
77.10
Number of asterisks represents the strength of support and resistance levels.
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