Brent (ICE) (N5) Intraday: bullish bias above 65.70.

Pivot: 65.70

Our preference: long positions above 65.70 with targets at 66.80 & 67.20 in extension.

Alternative scenario: below 65.70 look for further downside with 65.00 & 64.45 as targets.

Comment: the RSI has just landed on its neutrality area at 50% and is turning up.

Supports and resistances:

67.75

67.20

66.80

66.16 Last

65.70

65.00

64.45