Brent Intraday: consolidation in place.
short positions below 73.50 with targets at 72.60 & 72.20 in extension.
Pivot: 73.50
Our preference: short positions below 73.50 with targets at 72.60 & 72.20 in extension.
Alternative scenario: above 73.50 look for further upside with 74.00 & 74.60 as targets.
Comment: technically the RSI is below its neutrality area at 50.
Supports and resistances:
74.60
74.00
73.50
72.98 Last
72.60
72.20
71.80
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