BRENT Crude Technical Snap 26.07.19

BRENT Crude Technical Snap (Daily)

Pivot: 63.70

Our preference: short positions below 63.70 with targets at 63.00 & 62.65 in extension.

Alternative scenario: above 63.70 look for further upside with 64.10 & 64.40 as targets.

Comment: as long as the resistance at 63.70 is not surpassed, the risk of the break below 63.00 remains high.