BRENT Crude Technical Snap 19.12.19

BRENT Crude Technical Snap (Daily)

Pivot: 65.85

Our preference: long positions above 65.85 with targets at 66.40 & 66.75 in extension.

Alternative scenario: below 65.85 look for further downside with 65.55 & 65.25 as targets.

Comment: the RSI lacks downward momentum.