BRENT Crude Technical Snap 27.06.19

BRENT Crude Technical Snap (Daily)

Pivot: 65.75

Our preference: long positions above 65.75 with targets at 66.85 & 67.10 in extension.

Alternative scenario: below 65.75 look for further downside with 65.45 & 64.95 as targets.

Comment: a support base at 65.75 has formed and has allowed for a temporary stabilisation.