BRENT Crude Technical Snap 18.10.19

BRENT Crude Technical Snap (Daily)

Pivot: 59.40

Our preference: long positions above 59.40 with targets at 60.05 & 60.35 in extension.

Alternative scenario: below 59.40 look for further downside with 59.10 & 58.80 as targets.

Comment: the RSI calls for a bounce.