Brent (ICE) (J1) Intraday: intraday support around

Brent (ICE) (J1) Intraday: intraday support around 62.10.

UKOil

Trading Central 2021-02-20 04:47:07

Pivot: 62.10

Our preference: long positions above 62.10 with targets at 63.90 & 64.80 in extension.

Alternative scenario: below 62.10 look for further downside with 61.20 & 60.35 as targets.

Comment: the immediate trend remains up but the momentum is weak.

Supports and resistances:

65.50

64.80

63.90

62.65 Last

62.10

61.20

60.35

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