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BRENT TECHS: (K19): Consolidating Gains *RES 4:......>

BRENT TECHS, DOLLAR-SING
BRENT TECHS: (K19): Consolidating Gains
*RES 4: $72.68 - 61.8% retracement
*RES 3: $70.30 - Low Aug 15
*RES 2: $69.32 - 200-dma
*RES 1: $68.69 - High Mar 21
*PRICE: $67.67 @ 05:45 GMT Mar 28
*SUP 1: $66.30 - Uptrend support from Feb lows
*SUP 2: $66.20 - Low March 22
*SUP 3: $64.02/63.81/63.63 - Low Mar 8/23.6% retracement/High Feb 4
*SUP 4: $62.99 - 100-dma
Uptrend support from the Feb lows underpin to keep topside focus on a break of
the Mar 21 high at $68.69. Above here brings the 200-dma back into view at
$69.32, ahead of the Aug 15 low at $70.30. Bears look for a break of Friday's
low at $66.20 to open the $64.02/63.81/63.63 area which marks the March 8 low,
23.6% retracement level, and Feb 4 high.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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