BRENT Crude Technical Snap 01.05.19

BRENT Crude Technical Snap (Daily)

Pivot: 72.35

Our preference: short positions below 72.35 with targets at 71.20 & 70.60 in extension.

Alternative scenario: above 72.35 look for further upside with 72.75 & 73.30 as targets.

Comment: the RSI is mixed with a bearish bias.