BRENT Crude Technical Snap 20.05.19

BRENT Crude Technical Snap (Daily)

Pivot: 72.50

Our preference: long positions above 72.50 with targets at 73.80 & 74.30 in extension.

Alternative scenario: below 72.50 look for further downside with 71.80 & 71.45 as targets.

Comment: the RSI is bullish and calls for further advance.