BRENT Crude Technical Snap 19.08.19

BRENT Crude Technical Snap (Daily)

Pivot: 58.60

Our preference: long positions above 58.60 with targets at 60.00 & 60.55 in extension.

Alternative scenario: below 58.60 look for further downside with 58.00 & 57.65 as targets.

Comment: the RSI calls for a rebound.