Brent Crude OilLong
Brent (ICE) may rise to 76.20 - 76.80
Pivot
74.75
Our preference
Long positions above 74.75 with targets at 76.20 & 76.80 in extension.
Alternative scenario
Below 74.75 look for further downside with 74.20 & 73.60 as targets.
Comment
The RSI advocates for further advance.
Supports and resistances
77.50
76.80
76.20
75.57 Last
74.75
74.20
73.60
Number of asterisks represents the strength of support and resistance levels.
74.75
Our preference
Long positions above 74.75 with targets at 76.20 & 76.80 in extension.
Alternative scenario
Below 74.75 look for further downside with 74.20 & 73.60 as targets.
Comment
The RSI advocates for further advance.
Supports and resistances
77.50
76.80
76.20
75.57 Last
74.75
74.20
73.60
Number of asterisks represents the strength of support and resistance levels.
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