Brent Crude held 110.70/80 as expected and headed lower to support at 109.60/50, but over night we have continued lower and looked likely to test good support at 108.90/80. A low for the day could be expected, but if we continue lower look for good support at 108.20/10 and a buying opportunity here today.
Immediate resistance at 109.55/65 could hold a move higher but above here could target 110.10/15.