Brent (ICE) may rise to 68.25 - 68.80.

Brent (ICE) may rise to 68.25 - 68.80.

Pivot 66.85
Our preference : Long positions above 66.85 with targets at 68.25 & 68.80 in extension.

Alternative scenario Below 66.85 look for further downside with 66.10 & 65.20 as targets.

Comment : Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.