BRENT Crude Technical Snap 04.12.19

BRENT Crude Technical Snap (Daily)

Pivot: 60.70

Our preference: long positions above 60.70 with targets at 61.55 & 62.10 in extension.

Alternative scenario: below 60.70 look for further downside with 60.35 & 59.95 as targets.

Comment: the RSI calls for a rebound.