BRENT Crude Technical Snap 09.04.19

BRENT Crude Technical Snap (Daily)

Pivot: 70.50

Our preference: long positions above 70.50 with targets at 71.60 & 71.95 in extension.

Alternative scenario: below 70.50 look for further downside with 70.00 & 69.50 as targets.

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