Brent (ICE) (Z5) Intraday: key resistance at 62.65.

Pivot: 62.65

Our preference: short positions below 62.65 with targets at 62.10 & 61.80 in extension.

Alternative scenario: above 62.65 look for further upside with 63.05 & 63.60 as targets.

Comment: the upward potential is likely to be limited by the resistance at 62.65.

Supports and resistances:

63.60

63.05

62.65

62.46 Last

62.10

61.80

61.45