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BRENT TECHS: ICE BRENT(K19): Extending The Uptrend...>

BRENT TECHS, DOLLAR-SING
BRENT TECHS: ICE BRENT(K19): Extending The Uptrend
*RES 4: $71.88 - 61.8% retracement 
*RES 3: $70.59 - Low Aug 15 
*RES 2: $69.47 - 200-dma 
*RES 1: $68.53 - High Mar 20 
*PRICE: $68.45 @ 18:44 GMT Mar 20 
*SUP 1: $67.13 - Low March 19
*SUP 2: $66.13 - Low March 15 
*SUP 3: $64.02/63.81/63.63 - Low Mar 8/23.6% retracement/High Feb 4 
*SUP 4: $63.36 - 100-dma 
Brent futures have pushed higher again, extended the major uptrend developed
since the beginning of the year, supported by positive tend and momentum
indicators. The 50-dma has moved above the 100-dma. The previous $68.14 high
(Mar 14) has been breached, putting the focus on the 200-dma, currently at
$69.47. The upper boundary of the ascending channel intervenes at $70.90. Key
support to maintain the positive technical picture is at $67.13. 

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