Brent (M0) intraday: the bias remains bullish.
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* Pivot point: 32.55
Our preference: long position above 32.55 with targets at 33.90 & 34.45 in extension.
Alternative scenario: in breakout of 32.55, a further decline will be possible with 31.55 & 30.60 in sight.
Comment: even if further consolidation cannot be excluded, its scope should be limited.