BRENT Crude Technical Snap 16.07.19

BRENT Crude Technical Snap (Daily)

Pivot: 66.85

Our preference: short positions below 66.85 with targets at 66.10 & 65.80 in extension.

Alternative scenario: above 66.85 look for further upside with 67.25 & 67.65 as targets.

Comment: as long as the resistance at 66.85 is not surpassed, the risk of the break below 66.10 remains high.