BRENT Crude Technical Snap 29.01.20

BRENT Crude Technical Snap (Daily)

Pivot: 59.75

Our preference: long positions above 59.75 with targets at 60.85 & 61.20 in extension.

Alternative scenario: below 59.75 look for further downside with 59.40 & 59.10 as targets.

Comment: the RSI is bullish and calls for further advance.