BRENT Crude Technical Snap 18.07.19

BRENT Crude Technical Snap (Daily)

Pivot: 64.10

Our preference: short positions below 64.10 with targets at 63.25 & 63.00 in extension.

Alternative scenario: above 64.10 look for further upside with 64.65 & 65.20 as targets.

Comment: as long as the resistance at 64.10 is not surpassed, the risk of the break below 63.25 remains high.