BRENT Crude Technical Snap 21.02.20

BRENT Crude Technical Snap (Daily)

Pivot: 59.40

Our preference: short positions below 59.40 with targets at 58.40 & 58.05 in extension.

Alternative scenario: above 59.40 look for further upside with 59.70 & 60.00 as targets.

Comment: the RSI advocates for further decline.