Brent (ICE) (G4) Intraday: consolidation.
Pivot: 80.25
Our preference: short positions below 80.25 with targets at 78.75 & 78.20 in extension.
Alternative scenario: above 80.25 look for further upside with 81.30 & 81.95 as targets.
Comment: as long as the resistance at 80.25 is not surpassed, the risk of the break below 78.75 remains high.
Supports and resistances:
81.95
81.30
80.25
79.55 Last
78.75
78.20
77.40
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