BRENT Crude Technical Snap 16.10.19

BRENT Crude Technical Snap (Daily)

Pivot: 59.25

Our preference: short positions below 59.25 with targets at 58.60 & 58.30 in extension.

Alternative scenario: above 59.25 look for further upside with 59.65 & 60.10 as targets.

Comment: the RSI is mixed to bearish.