BRENT Crude Technical Snap 03.04.19

BRENT Crude Technical Snap (Daily)

Pivot: 69.15

Our preference: long positions above 69.15 with targets at 70.30 & 70.75 in extension.

Alternative scenario: below 69.15 look for further downside with 68.70 & 68.20 as targets.

Comment: the RSI is bullish and calls for further upside.