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BRENT TECHS: (H19) Range Highs In Focus *RES 4:......>

BRENT TECHS, DOLLAR-SING
BRENT TECHS: (H19) Range Highs In Focus
*RES 4: $71.89 - 200-dma (continuation chart) 
*RES 3: $64.61 - Low Nov 13 (continuation chart) 
*RES 2: $63.94 - High Dec 7 (continuation chart) 
*RES 1: $63.15 - High Jan 21 
*PRICE: $62.17 @ 05:44 GMT Jan 31 
*SUP 1: $60.51 - 21-dma (continuation chart) 
*SUP 2: $58.90 - Low Jan 14 (continuation chart) 
*SUP 3: $50.22 - Low Dec 26 (continuation chart) 
*SUP 4: $44.35 - Low Jun 21, 2017 (continuation chart) 
Brent futures remain stuck in their range with the Jan 21 high at $63.15 the
upside target and the 21-dma the downside target. A bullish break would trigger
an inverse head and shoulders opening the Dec 7 high at $63.94, ahead of the Nov
13 lows at $64.61. On the downside a break below the 21-dma at $60.51 would
shift the outlook bearish and target Jan 14 low at $58.90 ahead of the Dec 26
low.

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