Brent (ICE) may rise to 89.50 - 92.20

Pivot

81.10

Our preference

Long positions above 81.10 with targets at 89.50 & 92.20 in extension.

Alternative scenario

Below 81.10 look for further downside with 79.30 & 77.30 as targets.

Comment

The RSI is mixed to bullish.

Supports and resistances

94.60 ***

92.20 ***

89.50 ***

84.89 Last

81.10 ***

79.30 ***

77.30 ***

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