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BRENT TECHS: (K19): 21-DMA Acting As Support *RES....>

BRENT TECHS, DOLLAR-SING
BRENT TECHS: (K19): 21-DMA Acting As Support
*RES 4: $70.59 - Low Aug 15
*RES 3: $69.86 - 200-dma 
*RES 2: $67.73 - High Feb 22
*RES 1: $67.14 - High Mar 1 
*PRICE: $65.38 @ 05:24 GMT Mar 4 
*SUP 1: $64.64/59/49 - 21-dma//Low Mar 1/Low Feb 26
*SUP 2: $63.63 - High Feb 4 
*SUP 3: $60.64 - Low Feb 7 
*SUP 4: $59.34/52 - Low Jan 14/Jan 28 
Brent futures are holding above a key support level around the 21-dma area which
keeps the broader bullish trend intact despite Friday's selloff. Bulls now look
to take out Friday's high at $67.14 to target the Feb 22 high at $67.37 ahead of
the 200-dma. On the downside bears look for a break below the 21-dma and the Feb
26 low to shift the focus back on the Feb4 high at $63.63 and the Feb 7 low at
$60.64.

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