Brent Intraday Signal: Watch 110.70
The Brent Intraday Signal reflects further upside potential as price remains supported above the pivot level at 110.70. Momentum conditions are constructive, with the RSI showing clear upside momentum and reinforcing the bullish intraday structure. As long as price trades above 110.70, buyers retain short-term control.
Immediate resistance is located at 115.00. A sustained move above this level would confirm renewed buying pressure and likely extend the advance toward the upside objective at 117.00. Holding above the pivot reinforces the positive trend configuration and supports continuation of the bullish leg.
Trade Setup:
Enter: Long above 110.70
Stop-Loss (SL): 109.10
Target A: 115.00
Target B: 117.00