BRENT Crude Technical Snap 27.08.19

BRENT Crude Technical Snap (Daily)

Pivot: 59.25

Our preference: short positions below 59.25 with targets at 58.75 & 58.60 in extension.

Alternative scenario: above 59.25 look for further upside with 59.70 & 60.15 as targets.

Comment: as long as 59.25 is resistance, expect a return to 58.75.