Brent (ICE) may rise to 80.60 - 81.40

Pivot

79.30

Our preference

Long positions above 79.30 with targets at 80.60 & 81.40 in extension.

Alternative scenario

Below 79.30 look for further downside with 78.65 & 78.10 as targets.

Comment

The RSI shows upside momentum.

Supports and resistances

82.20

81.40

80.60

80.25 Last

79.30

78.65

78.10

Number of asterisks represents the strength of support and resistance levels.
Fundamental AnalysisTechnical IndicatorsTrend Analysis

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