Brent Intraday: bullish bias above 72.90.
long positions above 72.90 with targets at 73.90 & 74.25 in extension.
Pivot: 72.90
Our preference: long positions above 72.90 with targets at 73.90 & 74.25 in extension.
Alternative scenario: below 72.90 look for further downside with 72.60 & 72.20 as targets.
Comment: the RSI calls for a rebound.
Supports and resistances:
74.70
74.25
73.90
73.58 Last
72.90
72.60
72.20
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