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BRENT TECHS: (F19) Recovery Efforts Fail *RES 4:.....>

BRENT TECHS, DOLLAR-SING
BRENT TECHS: (F19) Recovery Efforts Fail
*RES 4: $86.74 - High Oct 4 
*RES 3: $80.00 - Resistance 
*RES 2: $77.79 - 55-dma 
*RES 1: $72.60 - 200-dma 
*PRICE: $69.40 @ 05:24 GMT 
*SUP 1: $66.58 - High Jan 26 
*SUP 2: $63.17 - 61.8% retracement Jun 2017 low - Oct 2018 high
*SUP 3: $59.45 - Low Feb 14 
*SUP 4: $55.00 - Support
Despite rally to as high as $71.88 in Asian trading yesterday, losses resumed in
the NY session which saw new cycle lows hit. The downtrend remains firmly intact
with the Jan 26 high at at $66.58 now in focus. Bulls need to reclaim the
200-dma at $72.60 to return the outlook neutral. A break above here would return
the focus to the upside and open the 55-dma at $77.79. 

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