BRENT Crude Technical Snap 18.02.20

BRENT Crude Technical Snap (Daily)

Pivot: 57.55

Our preference: short positions below 57.55 with targets at 56.70 & 56.15 in extension.

Alternative scenario: above 57.55 look for further upside with 58.40 & 59.00 as targets.

Comment: the RSI is bearish and calls for further decline