BRENT Crude Technical Snap 29.08.19

BRENT Crude Technical Snap (Daily)

Pivot: 60.00

Our preference: long positions above 60.00 with targets at 60.50 & 60.75 in extension.

Alternative scenario: below 60.00 look for further downside with 59.60 & 59.40 as targets.

Comment: the RSI is mixed and calls for caution.