BRENT Crude Technical Snap 29.10.19

BRENT Crude Technical Snap (Daily)

Pivot: 61.70

Our preference: short positions below 61.70 with targets at 60.95 & 60.65 in extension.

Alternative scenario: above 61.70 look for further upside with 62.10 & 62.35 as targets.

Comment: the RSI is bearish and calls for further decline.