BRENT Crude Technical Snap 31.10.19

BRENT Crude Technical Snap (Daily)

Pivot: 60.65

Our preference: short positions below 60.65 with targets at 60.20 & 60.00 in extension.

Alternative scenario: above 60.65 look for further upside with 60.95 & 61.40 as targets.

Comment: the RSI has just struck against its neutrality area at 50% and is reversing down.