BRENT Crude Technical Snap 30.01.20

BRENT Crude Technical Snap (Daily)

Pivot: 59.70

Our preference: short positions below 59.70 with targets at 58.85 & 58.50 in extension.

Alternative scenario: above 59.70 look for further upside with 60.00 & 60.30 as targets.

Comment: the RSI is bearish and calls for further decline.