BRENT Crude Technical Snap 06.02.20

BRENT Crude Technical Snap (Daily)

Pivot: 55.80

Our preference: long positions above 55.80 with targets at 57.00 & 57.45 in extension.

Alternative scenario: below 55.80 look for further downside with 55.35 & 55.00 as targets.

Comment: the RSI is bullish and calls for further upside.