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BRENT TECHS: (J19): Chopping Higher *RES 4: $71.59...>

BRENT TECHS, DOLLAR-SING
BRENT TECHS: (J19): Chopping Higher
*RES 4: $71.59 - 200-dma (continuation chart) 
*RES 3: $64.61 - Low Nov 13 (continuation chart) 
*RES 2: $63.73 - High Dec 7 (continuation chart) 
*RES 1: $63.63 - High Feb 4 
*PRICE: $62.47 @ 05:36 GMT Feb 7 
*SUP 1: $61.54 - 21-dma (continuation chart) 
*SUP 2: $58.90 - Low Jan 14 (continuation chart) 
*SUP 3: $49.93 - Low Dec 26 (continuation chart) 
*SUP 4: $44.35 - Low Jun 21, 2017 (continuation chart) 
Brent futures continue to trade in choppy fashion albeit within a slight upward
trend as the Feb 4/Dec 7 highs at $63.63/73 remain in focus. Above here brings
the Nov 13 low at $64.61 into view, ahead of the 100-dma at $67.58. Bears
initially need to clear the 21-dma at $61.54, before targeting the Jan 14 low at
$58.90, ahead of the Dec 26 low at $49.93. 

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