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Brent (ICE) (M4) Intraday: bullish bias above 88.70.
2024-04-26
776
Pivot: 88.70
Our preference: long positions above 88.70 with targets at 89.80 & 90.70 in extension.
Alternative scenario: below 88.70 look for further downside with 88.20 & 87.70 as targets.
Comment: the break above 88.70 is a positive signal that has opened a path to 89.80.
Supports and resistances:
91.50
90.70
89.80
89.07 Last
88.70
88.20
87.70
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