BRENT Crude Technical Snap 15.11.19

BRENT Crude Technical Snap (Daily)

Pivot: 62.80

Our preference: short positions below 62.80 with targets at 62.15 & 61.80 in extension.

Alternative scenario: above 62.80 look for further upside with 63.00 & 63.20 as targets.

Comment: as long as the resistance at 62.80 is not surpassed, the risk of the break below 62.15 remains high.