BRENT Crude Technical Snap 10.04.19

BRENT Crude Technical Snap (Daily)

Pivot: 70.95

Our preference: short positions below 70.95 with targets at 70.30 & 70.00 in extension.

Alternative scenario: above 70.95 look for further upside with 71.30 & 71.60 as targets.

Comment: as long as 70.95 is resistance, expect a return to 70.30.