BRENT Crude Technical Snap (Daily)
| Pivot: 59.40 Our preference: long positions above 59.40 with targets at 60.40 & 60.85 in extension. Alternative scenario: below 59.40 look for further downside with 58.95 & 58.60 as targets. Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited. |