BRENT Crude Technical Snap 25.11.19

BRENT Crude Technical Snap (Daily)

Pivot: 63.70

Our preference: short positions below 63.70 with targets at 63.15 & 62.80 in extension.

Alternative scenario: above 63.70 look for further upside with 64.05 & 64.40 as targets.

Comment: the RSI has just struck against its neutrality area at 50% and is reversing down.