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Brent (ICE) (Z3) Intraday: continuation of the rebound.
2023-10-10
1051
Pivot: 86.65
Our preference: long positions above 86.65 with targets at 88.80 & 90.15 in extension.
Alternative scenario: below 86.65 look for further downside with 85.60 & 84.85 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
91.50
90.15
88.80
87.72 Last
86.65
85.60
84.85
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