Prices clocked a high of $50.81 yesterday but ended the day at $50.49, which means we are yet to see a day end closing above resistance at $50.81 levels.
Nevertheless, Brent has moved higher in Asia and is now challenging channel (blue) resistance around $51.50. An hourly closing above same would add credence to bullish break above $50.89 and expose resistance at $52.43.
On the contrary, a failure to take out/sustain above $51.50 followed by a drop below $50.89 amid overbought daily and intraday RSI would signal a drop to $49.33 levels (channel support – blue).
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.