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Brent (ICE) (N5) Intraday: the upside prevails.

Trading Central 2025-05-02 12:54:06
英国原油(UKOil)

Long positions above 61.40 with targets at 63.40 & 64.30 in extension.

Pivot: 61.40

Our preference: long positions above 61.40 with targets at 63.40 & 64.30 in extension.

Alternative scenario: below 61.40 look for further downside with 60.50 & 59.30 as targets.

Comment: the RSI advocates for further upside.

Supports and resistances:

65.00

64.30

63.40

62.52 Last

61.40

60.50

59.30