BRENT Crude Technical Snap 04.04.19

BRENT Crude Technical Snap (Daily)

Pivot: 69.60

Our preference: short positions below 69.60 with targets at 68.80 & 68.20 in extension.

Alternative scenario: above 69.60 look for further upside with 69.95 & 70.30 as targets.

Comment: the RSI has just struck against its neutrality area at 50% and is reversing down.