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

Trading Central 2025-05-09 19:27:04
英国原油(UKOil)

Long positions above 63.30 with targets at 64.60 & 65.40 in extension.

Pivot: 63.30

Our preference: long positions above 63.30 with targets at 64.60 & 65.40 in extension.

Alternative scenario: below 63.30 look for further downside with 62.50 & 61.70 as targets.

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

Supports and resistances:

65.75

65.40

64.60

64.05 Last

63.30

62.50

61.70