BRENT Crude Technical Snap 03.07.19

BRENT Crude Technical Snap (Daily)

Pivot: 63.45

Our preference: short positions below 63.45 with targets at 62.25 & 61.40 in extension.

Alternative scenario: above 63.45 look for further upside with 64.05 & 64.55 as targets.

Comment: as long as the resistance at 63.45 is not surpassed, the risk of the break below 62.25 remains high.