BRENT Crude Technical Snap 06.08.19

BRENT Crude Technical Snap (Daily)

Pivot: 59.70

Our preference: long positions above 59.70 with targets at 60.90 & 61.50 in extension.

Alternative scenario: below 59.70 look for further downside with 59.10 & 58.30 as targets.

Comment: the RSI calls for a rebound.