Brent (ICE) may fall to 73.50 - 74.25

Pivot

75.50

Our preference

Short positions below 75.50 with targets at 74.25 & 73.50 in extension.

Alternative scenario

Above 75.50 look for further upside with 76.30 & 76.90 as targets.

Comment

The RSI is bearish and calls for further downside.

Supports and resistances

76.90

76.30

75.50

74.65 Last

74.25

73.50

72.85

Number of asterisks represents the strength of support and resistance levels.