BRENT Crude Technical Snap 11.11.19

BRENT Crude Technical Snap (Daily)

Pivot: 62.20

Our preference: short positions below 62.20 with targets at 61.50 & 61.10 in extension.

Alternative scenario: above 62.20 look for further upside with 62.45 & 62.70 as targets.

Comment: the RSI advocates for further downside.