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Brent (ICE) (K4) Intraday: caution.
2024-03-21
859
Pivot: 86.55
Our preference: short positions below 86.55 with targets at 85.60 & 85.20 in extension.
Alternative scenario: above 86.55 look for further upside with 86.90 & 87.30 as targets.
Comment: the index currently faces a challenging resistance area at 86.55.
Supports and resistances:
87.30
86.90
86.55
86.37 Last
85.60
85.20
84.60
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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