BRENT Crude Technical Snap 20.03.19

BRENT Crude Technical Snap (Daily)

Pivot: 67.15

Our preference: long positions above 67.15 with targets at 68.20 & 68.45 in extension.

Alternative scenario: below 67.15 look for further downside with 66.75 & 66.50 as targets.

Comment: a support base at 67.15 has formed and has allowed for a temporary stabilisation.