BRENT Crude Technical Snap 21.05.19

BRENT Crude Technical Snap (Daily)

Pivot: 71.60

Our preference: long positions above 71.60 with targets at 72.80 & 73.30 in extension.

Alternative scenario: below 71.60 look for further downside with 71.25 & 70.55 as targets.

Comment: the RSI calls for a rebound.