BRENT Crude Technical Snap 28.01.20

BRENT Crude Technical Snap (Daily)

Pivot: 58.75

Our preference: long positions above 58.75 with targets at 59.85 & 60.35 in extension.

Alternative scenario: below 58.75 look for further downside with 58.50 & 58.05 as targets.

Comment: the RSI calls for a rebound.