Brent (ICE) (N5) Intraday: continuation of the rebound.

Pivot: 59.90

Our preference: long positions above 59.90 with targets at 61.65 & 62.15 in extension.

Alternative scenario: below 59.90 look for further downside with 58.95 & 58.50 as targets.

Comment: the RSI is mixed with a bullish bias.

Supports and resistances:

62.70

62.15

61.65

60.75 Last

59.90

58.95

58.50