Brent (ICE) (J1) ST: expect 71.00.

UKOil

Trading Central 2021-02-24 12:20:07

Pivot: 59.60

Our preference: long positions above 59.60 with targets at 68.00 & 71.00 in extension.

Alternative scenario: below 59.60 look for further downside with 57.25 & 54.40 as targets.

Comment: the RSI is bullish and calls for further advance.

Supports and resistances:

73.50 ***

71.00 ***

68.00 ***

65.00 Last

59.60 ***

57.25 ***

54.40 ***

Disclaimer

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