BRENT Crude Technical Snap 07.02.20

BRENT Crude Technical Snap (Daily)

Pivot: 55.65

Our preference: short positions below 55.65 with targets at 54.65 & 54.25 in extension.

Alternative scenario: above 55.65 look for further upside with 56.05 & 56.55 as targets.

Comment: the RSI lacks upward momentum.