BRENT Crude Technical Snap 24.12.19

BRENT Crude Technical Snap (Daily)

Pivot: 66.25

Our preference: long positions above 66.25 with targets at 66.75 & 67.05 in extension.

Alternative scenario: below 66.25 look for further downside with 66.00 & 65.80 as targets.

Comment: the RSI has just landed on its neutrality area at 50% and is turning up.