BRENT Crude Technical Snap (Daily)
| Pivot: 71.30 Our preference: long positions above 71.30 with targets at 72.50 & 73.35 in extension. Alternative scenario: below 71.30 look for further downside with 70.60 & 70.30 as targets. Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited. |