Brent (ICE) (U5) Intraday: the bias remains bullish.

Pivot: 68.30

Our preference: long positions above 68.30 with targets at 69.20 & 69.50 in extension.

Alternative scenario: below 68.30 look for further downside with 68.05 & 67.40 as targets.

Comment: the RSI lacks downward momentum.

Supports and resistances:

69.80

69.50

69.20

68.79 Last

68.30

68.05

67.40