BRENT Crude Technical Snap (Daily)
| Pivot: 59.80 Our preference: long positions above 59.80 with targets at 60.70 & 61.15 in extension. Alternative scenario: below 59.80 look for further downside with 59.40 & 59.00 as targets. Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited. |