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Brent (ICE) (X3) Intraday: the bias remains bullish.

2023-09-13
708

Pivot: 91.45

Our preference: long positions above 91.45 with targets at 92.40 & 93.00 in extension.

Alternative scenario: below 91.45 look for further downside with 90.95 & 90.45 as targets.

Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

Supports and resistances:

93.50

93.00

92.40

92.04 Last

91.45

90.95

90.45

The above information is provided by special analysts and is for reference only. CM Trade does not guarantee the accuracy, timeliness and completeness of the information content, so you should not place too much reliance on the information provided. CM Trade is not a company that provides financial advice, and only provides services of the nature of execution of orders. Readers are advised to seek relevant investment advice on their own. Please see our full disclaimer.

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