TipTVFinance

Brent oil – Needs to break above $51.22

FX:UKOIL   Crude Oil (Brent)
Resistance - $50.99-$51.22, $52.08, $52.83

Support - $50.27, $49.64, $49.15

  • Brent’s failure to sustain above $50.50 despite sharp rebound from rising trend line support on Friday would open doors for a cut through support at $50 and drop to $49.15 levels.
  • On the higher side, break above $51.22 (June 22 high) would add credence to last week’s rebound from rising trend line and expose latest cyclical high of $52.83 (June 9 high).
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out