BRENT Crude Technical Snap (Daily)
Pivot: 71.25 Our preference: short positions below 71.25 with targets at 70.80 & 70.60 in extension. Alternative scenario: above 71.25 look for further upside with 71.50 & 71.75 as targets. Comment: as long as the resistance at 71.25 is not surpassed, the risk of the break below 70.80 remains high |