Brent Crude Oil
Long

Brent (ICE) may rise to 76.20 - 76.80

89
Pivot

74.75

Our preference

Long positions above 74.75 with targets at 76.20 & 76.80 in extension.

Alternative scenario

Below 74.75 look for further downside with 74.20 & 73.60 as targets.

Comment

The RSI advocates for further advance.

Supports and resistances

77.50

76.80

76.20

75.57 Last

74.75

74.20

73.60

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

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.