Brent Crude Technical Snap 04.03.19

BRENT Crude Technical Snap (Daily)

Pivot: 65.90

Our preference: short positions below 65.90 with targets at 64.60 & 63.90 in extension.

Alternative scenario: above 65.90 look for further upside with 66.50 & 67.10 as targets.

Comment: as long as the resistance at 65.90 is not surpassed, the risk of the break below 64.60 remains high.