BRENT Crude Technical Snap 24.01.20

BRENT Crude Technical Snap (Daily)

Pivot: 61.70

Our preference: long positions above 61.70 with targets at 62.95 & 63.45 in extension.

Alternative scenario: below 61.70 look for further downside with 61.25 & 60.60 as targets.

Comment: the RSI calls for a rebound.