Brent‏ Intraday: the bias remains bullish.

2016-10-06

Pivot: 51.24

Our preference: long positions above 51.24 with targets at 52.79 & 53.25 in extension.

Alternative scenario: below 51.24 look for further downside with 50.70 & 50.35 as targets.

Comment: the RSI is supported by a rising trend line.

Supports and resistances:
53.72
53.25
52.79
51.68 Last
51.24
50.70
50.35