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PANDA FINANCE

Brent (ICE) (M5) Intraday: under pressure.

Trading Central 2025-04-04 09:12:04
英国原油(UKOil)

Short positions below 71.15 with targets at 69.00 & 67.90 in extension.

Pivot: 71.15

Our preference: short positions below 71.15 with targets at 69.00 & 67.90 in extension.

Alternative scenario: above 71.15 look for further upside with 71.95 & 72.50 as targets.

Comment: the RSI shows downside momentum.

Supports and resistances:

72.50

71.95

71.15

69.92 Last

69.00

67.90

67.00