Brent (ICE) (H1) Intraday: under pressure.

UKOil

Trading Central 2021-01-14 08:01:05

Pivot: 56.60

Our preference: short positions below 56.60 with targets at 55.75 & 55.40 in extension.

Alternative scenario: above 56.60 look for further upside with 57.00 & 57.40 as targets.

Comment: as long as 56.60 is resistance, expect a return to 55.75.

Supports and resistances:

57.40

57.00

56.60

55.91 Last

55.75

55.40

55.00

Disclaimer

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