Brent (ICE) may rise to 77.70 - 78.15
Pivot
76.80
Our preference
Long positions above 76.80 with targets at 77.70 & 78.15 in extension.
Alternative scenario
Below 76.80 look for further downside with 76.45 & 75.95 as targets.
Comment
The RSI calls for a rebound.
Supports and resistances
78.70
78.15
77.70
77.35 Last
76.80
76.45
75.95
Number of asterisks represents the strength of support and resistance levels.
76.80
Our preference
Long positions above 76.80 with targets at 77.70 & 78.15 in extension.
Alternative scenario
Below 76.80 look for further downside with 76.45 & 75.95 as targets.
Comment
The RSI calls for a rebound.
Supports and resistances
78.70
78.15
77.70
77.35 Last
76.80
76.45
75.95
Number of asterisks represents the strength of support and resistance levels.
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