BRENT Crude Technical Snap 10.09.19

BRENT Crude Technical Snap (Daily)

Pivot: 62.40

Our preference: long positions above 62.40 with targets at 63.25 & 64.00 in extension.

Alternative scenario: below 62.40 look for further downside with 61.65 & 61.10 as targets.

Comment: the break above 62.40 is a positive signal that has opened a path to 63.25.