Forecast for 7th March 2013 Brent Crude April contract Brent Crude eased back from 111.83/98 to hit the 110.50/40 level & bounced from here. If we can beat 111.10 we should see a move to 111.98/112.25. Above 112.25 then targets 112.73 & possibly 113.25/45 next week. If we hold below 111.10/00 look for another test of 110.50/40. If we fail here 109.80/60 remains good support with the chance of a second bounce this week but any longs will need stops below the 200 day moving average at
