BRENT Crude Technical Snap 12.12.19

BRENT Crude Technical Snap (Daily)

Pivot: 63.50

Our preference: long positions above 63.50 with targets at 64.25 & 64.60 in extension.

Alternative scenario: below 63.50 look for further downside with 63.25 & 63.00 as targets.

Comment: the RSI calls for a rebound.