BRENT Crude Technical Snap 08.11.19

BRENT Crude Technical Snap (Daily)

Pivot: 62.40

Our preference: short positions below 62.40 with targets at 61.30 & 60.80 in extension.

Alternative scenario: above 62.40 look for further upside with 62.65 & 62.90 as targets.

Comment: the RSI advocates for further downside