BRENT Crude Technical Snap 17.02.20

BRENT Crude Technical Snap (Daily)

Pivot: 56.70

Our preference: long positions above 56.70 with targets at 57.45 & 57.90 in extension.

Alternative scenario: below 56.70 look for further downside with 56.05 & 55.50 as targets.

Comment: the RSI is mixed to bullish.