BRENT Crude Technical Snap 16.01.20

BRENT Crude Technical Snap (Daily)

Pivot: 63.90

Our preference: long positions above 63.90 with targets at 65.00 & 65.25 in extension.

Alternative scenario: below 63.90 look for further downside with 63.55 & 63.30 as targets.

Comment: the RSI calls for a rebound.