BRENT Crude Technical Snap 03.09.19

BRENT Crude Technical Snap (Daily)

Pivot: 59.20

Our preference: short positions below 59.20 with targets at 58.10 & 57.75 in extension.

Alternative scenario: above 59.20 look for further upside with 59.80 & 60.15 as targets.

Comment: as long as the resistance at 59.20 is not surpassed, the risk of the break below 58.10 remains high.