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Brent (ICE) (K4) Intraday: key resistance at 86.05.

2024-03-22
437

Pivot: 86.05

Our preference: short positions below 86.05 with targets at 85.10 & 84.70 in extension.

Alternative scenario: above 86.05 look for further upside with 86.35 & 86.65 as targets.

Comment: as long as the resistance at 86.05 is not surpassed, the risk of the break below 85.10 remains high.

Supports and resistances:

86.65

86.35

86.05

85.58 Last

85.10

84.70

84.20

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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