BRENT Crude Technical Snap 19.11.19

BRENT Crude Technical Snap (Daily)

Pivot: 62.55

Our preference: short positions below 62.55 with targets at 62.00 & 61.70 in extension.

Alternative scenario: above 62.55 look for further upside with 62.90 & 63.20 as targets.

Comment: as long as the resistance at 62.55 is not surpassed, the risk of the break below 62.00 remains high.