BRENT Crude Technical Snap 16.09.19

BRENT Crude Technical Snap (Daily)

Pivot: 68.50

Our preference: short positions below 68.50 with targets at 65.00 & 63.25 in extension.

Alternative scenario: above 68.50 look for further upside with 69.85 & 71.95 as targets.

Comment: the RSI has just broken down its overbought area (70%).