BRENT Crude Technical Snap 23.05.19

BRENT Crude Technical Snap (Daily)

Pivot: 71.35

Our preference: short positions below 71.35 with targets at 70.00 & 69.50 in extension.

Alternative scenario: above 71.35 look for further upside with 72.05 & 72.50 as targets.

Comment: the RSI is bearish and calls for further downside.