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BRENT TECHS: (K19): Rally Looks Healthy *RES 4:......>

BRENT TECHS, DOLLAR-SING
BRENT TECHS: (K19): Rally Looks Healthy
*RES 4: $71.88 - 61.8% retracement 
*RES 3: $70.59 - Low Aug 15 
*RES 2: $69.50 - 200-dma 
*RES 1: $68.14 - High Mar 14 
*PRICE: $67.61 @ 04:20 GMT Mar 19 
*SUP 1: $66.13 - Low March 15 
*SUP 2: $64.02/63.81/63.63 - Low Mar 8/23.6% retracement/High Feb 4 
*SUP 3: $63.95/44 - 50-dma/100-dma 
*SUP 4: $61.32 - 38.2% retracement 
Brent futures continue to look bullish as corrections remain shallow keeping the
focus on Thursday's high at $68.14 as the initial upside target ahead of the
200-dma at $69.50. Above here would suggest a run at the Aug 15 low at $70.59.
Bears need to break below Friday's low at $66.13 to open the March 8 low as well
as the 23.6% retracement and Feb 4 high at $64.02/63.81/63.63.

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