BRENT Crude Technical Snap 14.06.19

BRENT Crude Technical Snap (Daily)

Pivot: 62.40

Our preference: short positions below 62.40 with targets at 60.80 & 60.20 in extension.

Alternative scenario: above 62.40 look for further upside with 63.10 & 63.65 as targets.

Comment: as long as the resistance at 62.40 is not surpassed, the risk of the break below 60.80 remains high