BRENT Crude Technical Snap 04.10.19

BRENT Crude Technical Snap (Daily)

Pivot: 57.50

Our preference: long positions above 57.50 with targets at 58.30 & 58.60 in extension.

Alternative scenario: below 57.50 look for further downside with 57.20 & 56.90 as targets.

Comment: the RSI advocates for further advance.