Brent Crude Oil scales $92 for the first time since November 2022. Economists at Société Générale analyze Brent’s technical outlook.
Signals of a meaningful down move are still not visible
Brent has extended its uptrend after breakout from a multi-month base. It is in vicinity of earlier highlighted projections near $93.
An initial pullback can’t be ruled out however signals of a meaningful down move are still not visible; upper limit of the base near $87/$86.50 is crucial support near term. Defence of this zone could eventually lead to persistence in uptrend towards $96.50/$97.00, the 38.2% retracement from 2022
Peringatan: Pendapat yang disampaikan sepenuhnya merupakan milik penulis dan tidak mencerminkan posisi resmi Followme. Followme tidak bertanggung jawab atas keakuratan, kelengkapan, atau keandalan informasi yang disediakan, serta tidak bertanggung jawab atas tindakan apa pun yang diambil berdasarkan konten ini, kecuali dinyatakan secara tertulis.
Tinggalkan pesan Anda sekarang