BRENT Crude Technical Snap 13.05.19

BRENT Crude Technical Snap (Daily)

Pivot: 70.30

Our preference: long positions above 70.30 with targets at 71.30 & 71.80 in extension.

Alternative scenario: below 70.30 look for further downside with 70.10 & 69.65 as targets.

Comment: the RSI calls for a rebound.