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BRENT TECHS: ICE BRENT: (V18) 21-DMA Still Capping...>

BRENT TECHS, DOLLAR-SING
BRENT TECHS: ICE BRENT: (V18) 21-DMA Still Capping Gains
*RES 4: $79.25 - High July 10 
*RES 3: $76.15 - Low July 6 now resistance 
*RES 2: $75.79 - High July 30 
*RES 1: $75.65 - 55-DMA 
*PRICE: $75.43 @ 0330GMT 
*SUP 1: $74.96 - 21-DMA 
*SUP 2: $74.82 - Hourly support and July 30
*SUP 3: $73.48 - Low July 25 
*SUP 4: $72.78 - Low July 23 
The 55DMA (75.65) continue to cap price action as the recovery from the July 18
lows has lacked any real impulse. Failure to overcome this level will shift the
focus to the downside, with uptrend support coming in at the 21-DMA in the first
instance.

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