BRENT Crude Technical Snap (Daily)

Pivot: 70.90 Our preference: short positions below 70.90 with targets at 69.70 & 69.35 in extension. Alternative scenario: above 70.90 look for further upside with 71.20 & 71.65 as targets. Comment: as long as the resistance at 70.90 is not surpassed, the risk of the break below 69.70 remains high. |