Brent (ICE) (J1) Intraday: key resistance at 66.00

Brent (ICE) (J1) Intraday: key resistance at 66.00.

UKOil

Trading Central 2021-02-24 09:38:15

Pivot: 66.00

Our preference: short positions below 66.00 with targets at 64.45 & 63.20 in extension.

Alternative scenario: above 66.00 look for further upside with 66.75 & 67.50 as targets.

Comment: as long as the resistance at 66.00 is not surpassed, the risk of the break below 64.45 remains high.

Supports and resistances:

67.50

66.75

66.00

65.06 Last

64.45

63.20

62.10

Disclaimer

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