BRENT Crude Technical Snap 03.02.20

BRENT Crude Technical Snap (Daily)

Pivot: 56.05

Our preference: long positions above 56.05 with targets at 56.90 & 57.30 in extension.

Alternative scenario: below 56.05 look for further downside with 55.80 & 55.45 as targets.

Comment: the RSI calls for a bounce.