Brent (ICE) (X3) MT: continuation of the rebound.


Pivot: 78.50
Our preference: long positions above 78.50 with targets at 99.00 & 110.00 in extension.
Alternative scenario: below 78.50 look for further downside with 71.50 & 62.00 as targets.
Comment: the RSI calls for a new upleg.
Supports and resistances:
124.00 **
110.00 ***
99.00 ***
92.04 Last
78.50 ***
71.50 ***
62.00 **
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