BRENT Crude Technical Snap 11.07.19

BRENT Crude Technical Snap (Daily)

Pivot: 66.40

Our preference: long positions above 66.40 with targets at 68.00 & 68.60 in extension.

Alternative scenario: below 66.40 look for further downside with 66.00 & 65.50 as targets.

Comment: the RSI shows upside momentum.