BRENT Crude Technical Snap 25.07.19

BRENT Crude Technical Snap (Daily)

Pivot: 63.80

Our preference: short positions below 63.80 with targets at 62.65 & 61.90 in extension.

Alternative scenario: above 63.80 look for further upside with 64.40 & 64.80 as targets.

Comment: as long as 63.80 is resistance, expect a return to 62.65.