BRENT Crude Technical Snap (Daily)
| Pivot: 55.40 Our preference: long positions above 55.40 with targets at 56.10 & 56.35 in extension. Alternative scenario: below 55.40 look for further downside with 55.10 & 54.85 as targets. Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited. |