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Brent (ICE) (N5) Intraday: further upside.

Trading Central 2025-05-09 15:02:05
英国原油(UKOil)

Long positions above 62.30 with targets at 63.90 & 64.60 in extension.

Pivot: 62.30

Our preference: long positions above 62.30 with targets at 63.90 & 64.60 in extension.

Alternative scenario: below 62.30 look for further downside with 61.70 & 61.20 as targets.

Comment: the RSI calls for a bounce.

Supports and resistances:

65.40

64.60

63.90

63.20 Last

62.30

61.70

61.20