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BRENT TECHS: ICE BRENT(X19): Approaching trendline...>

BRENT TECHS, DOLLAR-SING
BRENT TECHS: ICE BRENT(X19): Approaching trendline resistance
*RES 4: $64.94 - High Jul 31
*RES 3: $64.05 - High Aug 1
*RES 2: $62.29 - High Aug 2
*RES 1: $61.30 - Trendline resistance drawn off the Jul 12 high
*PRICE: $60.65 @ 06:27 BST Sep 5
*SUP 1: $58.13 - Low Sep 4
*SUP 2: $57.23 - Low Sep 3
*SUP 3: $56.46 - Low Aug 8
*SUP 4: $55.59 - Low Aug 7 and key bear trigger
Brent traded sharly higher yesterday and has seen a print above key resistance
at $68.13 overnight. Prices are now trading just ahead of trendline resistance
drawn off the Jul 11 high that intersects at $61.30 today. A break would
represent a strong bullish development and confirm a clear break of the $61.13 -
$60.84 resistance zone taking prices above the 50-day EMA. Key initial support
is far off for now at $57.23.

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