Brent Intraday Signal: Watch 101.80
The Brent Intraday Signal reflects continued upside potential as price remains supported above the pivot level at 101.80. Momentum conditions are constructive, with the RSI showing clear upside momentum and reinforcing the bullish intraday structure. As long as price trades above 101.80, buyers retain short-term control.
Immediate resistance is located at 107.50. A sustained move above this level would confirm renewed buying pressure and likely extend the advance toward the upside objective at 109.00. Holding above the pivot reinforces the positive trend configuration and supports continuation of the bullish leg.
Trade Setup:
Enter: Long above 101.80
Stop-Loss (SL): 99.70
Target A: 107.50
Target B: 109.00