Brent (ICE) (M5) Intraday: further upside.

Pivot: 63.60

Our preference: long positions above 63.60 with targets at 66.70 & 68.10 in extension.

Alternative scenario: below 63.60 look for further downside with 61.50 & 60.10 as targets.

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

Supports and resistances:

69.50

68.10

66.70

65.72 Last

63.60

61.50

60.10