BRENT Crude Technical Snap 03.06.19

BRENT Crude Technical Snap (Daily)

Pivot: 62.00

Our preference: short positions below 62.00 with targets at 60.55 & 60.00 in extension.

Alternative scenario: above 62.00 look for further upside with 62.70 & 63.25 as targets.

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