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.
Beyond Technical AnalysisFundamental AnalysisTechnical Indicators

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