BRENT Crude Technical Snap 21.11.19

BRENT Crude Technical Snap (Daily)

Pivot: 61.85

Our preference: long positions above 61.85 with targets at 62.80 & 63.20 in extension.

Alternative scenario: below 61.85 look for further downside with 61.25 & 60.80 as targets.

Comment: the RSI is above its neutrality area at 50%.