BRENT Crude Technical Snap (Daily)
| Pivot: 61.40 Our preference: long positions above 61.40 with targets at 62.50 & 62.90 in extension. Alternative scenario: below 61.40 look for further downside with 60.95 & 60.65 as targets. Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited. |