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Brent (ICE) (N5) Intraday: the downside prevails.

Trading Central 2025-05-22 09:19:04
英国原油(UKOil)

Short positions below 65.25 with targets at 64.20 & 63.45 in extension.

Pivot: 65.25

Our preference: short positions below 65.25 with targets at 64.20 & 63.45 in extension.

Alternative scenario: above 65.25 look for further upside with 65.65 & 66.00 as targets.

Comment: the RSI has broken down its 30 level.

Supports and resistances:

66.00

65.65

65.25

64.55 Last

64.20

63.45

62.80