BRENT Crude Technical Snap 15.04.19

BRENT Crude Technical Snap (Daily)

Pivot: 71.75

Our preference: short positions below 71.75 with targets at 71.15 & 70.90 in extension.

Alternative scenario: above 71.75 look for further upside with 72.05 & 72.45 as targets.

Comment: as long as 71.75 is resistance, look for choppy price action with a bearish bias.