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BRENT TECHS: (M19): Bulls Remain In Charge *RES.....>

BRENT TECHS, DOLLAR-SING
BRENT TECHS: (M19): Bulls Remain In Charge 
*RES 4: $76.43 - High Jul 10, 2018 
*RES 3: $75.36 - Low Oct 25 
*RES 2: $74.10 - Channel top 
*RES 1: $72.27 - High Apr 17
*PRICE: $71.63 @ 05:28 GMT Apr 18 
*SUP 1: $70.74 - Low Apr 16 
*SUP 2: $68.98/68.87 - 200-dma/Low Apr 4 
*SUP 3: $68.20 - Uptrend support from Feb lows 
*SUP 4: $66.94/65.89 - 55-dma/Low March 28 
Brent futures posted new ytd highs yesterday despite giving back some gains,
keeping the focus on the upside. A close above yesterday's high at $72.27 would
bring channel top resistance at $74.10 into focus. A break above here would open
the Oct 25 low at $75.35. Bears look for a break below Tuesday's low at $70.74
to give them the near term edge, opening the 200-dma/April 4 low at $68.98/87.

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