BRENT Crude Technical Snap 23.10.19

BRENT Crude Technical Snap (Daily)

Pivot: 59.15

Our preference: long positions above 59.15 with targets at 59.85 & 60.25 in extension.

Alternative scenario: below 59.15 look for further downside with 58.75 & 58.45 as targets.

Comment: the RSI lacks downward momentum.