Brent (ICE) (J1) Intraday: key resistance at 65.90

Brent (ICE) (J1) Intraday: key resistance at 65.90.

UKOil

Trading Central 2021-02-24 11:34:06

Pivot: 65.90

Our preference: short positions below 65.90 with targets at 64.45 & 63.20 in extension.

Alternative scenario: above 65.90 look for further upside with 66.75 & 67.50 as targets.

Comment: as long as the resistance at 65.90 is not surpassed, the risk of the break below 64.45 remains high.

Supports and resistances:

67.50

66.75

65.90

65.05 Last

64.45

63.20

62.10

Disclaimer

The trading strategy containing reference trading prices and analysis opinions is provided by the third-party provider Trading Central.And the trading strategy is only the personal research and judgment by analysts,which is not a statement of facts.No representation or warranty is given as to the accuracy or completeness of this strategy. Consequently any person acting on it does so entirely at their own risk. TOP1 accepts no responsibility for any use that may be made of these comments and for any consequences that result.