BRENT Crude Technical Snap 02.08.19

BRENT Crude Technical Snap (Daily)

Pivot: 61.20

Our preference: long positions above 61.20 with targets at 62.85 & 63.30 in extension.

Alternative scenario: below 61.20 look for further downside with 60.50 & 60.00 as targets.

Comment: the RSI calls for a rebound.