BRENT Crude Technical Snap 14.02.20

BRENT Crude Technical Snap (Daily)

Pivot: 55.90

Our preference: long positions above 55.90 with targets at 56.80 & 57.30 in extension.

Alternative scenario: below 55.90 look for further downside with 55.60 & 55.30 as targets.

Comment: the RSI calls for a new upleg.