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BRENT TECHS: (F19) 200-DMA Gives Way *RES 4:........>

BRENT TECHS, DOLLAR-SING
BRENT TECHS: (F19) 200-DMA Gives Way 
*RES 4: $90.00 - Resistance 
*RES 3: $86.74 - High Oct 4 
*RES 2: $80.00 - Resistance 
*RES 1: $78.39 - 55-dma 
*PRICE: $72.02 @ 05:40 GMT 
*SUP 1: $70.93 - Low Aug 15 
*SUP 2: $70.00 - Support 
*SUP 3: $66.58 - High Jan 26 
*SUP 4: $59.45 - Low Feb 14 
Brent futures broke below their 200-dma on a closing basis yesterday bringing
the Aug 15 low at $70.93 into play. Below here would open the $70 level, below
which would give bears additional momentum to target the Jan 26 highs. Bulls
need to recover the 200-dma to stabilise the near-term outlook but a break above
the 55-dma at $78.38 is needed to shift the focus higher. 

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