BRENT Crude Technical Snap 21.08.19

BRENT Crude Technical Snap (Daily)

Pivot: 59.60

Our preference: long positions above 59.60 with targets at 60.90 & 61.25 in extension.

Alternative scenario: below 59.60 look for further downside with 59.10 & 58.75 as targets.

Comment: the RSI is bullish and calls for further upside.