Brent (ICE) may rise to 76.90 - 77.50

Pivot

75.85

Our preference

Long positions above 75.85 with targets at 76.90 & 77.50 in extension.

Alternative scenario

Below 75.85 look for further downside with 75.35 & 75.00 as targets.

Comment

The RSI shows upside momentum.

Supports and resistances

78.20

77.50

76.90

76.54 Last

75.85

75.35

75.00

Number of asterisks represents the strength of support and resistance levels.
Chart PatternsTrend AnalysisWave Analysis

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