BRENT Crude Technical Snap 12.11.19

BRENT Crude Technical Snap (Daily)

Pivot: 61.90

Our preference: long positions above 61.90 with targets at 62.85 & 63.30 in extension.

Alternative scenario: below 61.90 look for further downside with 61.55 & 61.25 as targets.

Comment: the RSI is bullish and calls for further advance.