BRENT Crude Technical Snap 29.05.19

BRENT Crude Technical Snap (Daily)

Pivot: 70.20

Our preference: short positions below 70.20 with targets at 69.25 & 68.55 in extension.

Alternative scenario: above 70.20 look for further upside with 70.55 & 70.90 as targets.

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