BRENT Crude Technical Snap 23.07.19

BRENT Crude Technical Snap (Daily)

Pivot: 62.75

Our preference: long positions above 62.75 with targets at 64.00 & 64.45 in extension.

Alternative scenario: below 62.75 look for further downside with 62.40 & 61.85 as targets.

Comment: the RSI lacks downward momentum.