BRENT Crude Technical Snap 22.11.19

BRENT Crude Technical Snap (Daily)

Pivot: 63.20

Our preference: long positions above 63.20 with targets at 64.00 & 64.50 in extension.

Alternative scenario: below 63.20 look for further downside with 62.70 & 62.35 as targets.

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