BRENT Crude Technical Snap 29.07.19

BRENT Crude Technical Snap (Daily)

Pivot: 63.55

Our preference: short positions below 63.55 with targets at 63.00 & 62.75 in extension.

Alternative scenario: above 63.55 look for further upside with 63.90 & 64.20 as targets.

Comment: the RSI lacks upward momentum.