BRENT Crude Technical Snap 16.04.19

BRENT Crude Technical Snap (Daily)

Pivot: 71.30

Our preference: short positions below 71.30 with targets at 70.80 & 70.60 in extension.

Alternative scenario: above 71.30 look for further upside with 71.60 & 71.85 as targets.

Comment: a break below 70.80 would trigger a drop towards 70.60.