BRENT Crude Technical Snap 11.02.20

BRENT Crude Technical Snap (Daily)

Pivot: 53.70

Our preference: long positions above 53.70 with targets at 54.35 & 54.70 in extension.

Alternative scenario: below 53.70 look for further downside with 53.40 & 53.10 as targets.

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