Brent (ICE) may rise to 76.90 - 77.50
Pivot
75.85
Our preference
Long positions above 75.85 with targets at 76.90 & 77.50 in extension.
Alternative scenario
Below 75.85 look for further downside with 75.35 & 75.00 as targets.
Comment
The RSI shows upside momentum.
Supports and resistances
78.20
77.50
76.90
76.54 Last
75.85
75.35
75.00
Number of asterisks represents the strength of support and resistance levels.
75.85
Our preference
Long positions above 75.85 with targets at 76.90 & 77.50 in extension.
Alternative scenario
Below 75.85 look for further downside with 75.35 & 75.00 as targets.
Comment
The RSI shows upside momentum.
Supports and resistances
78.20
77.50
76.90
76.54 Last
75.85
75.35
75.00
Number of asterisks represents the strength of support and resistance levels.
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