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BRENT TECHS: (M19): Bulls Test Channel Top *RES 4:...>

BRENT TECHS, DOLLAR-SING
BRENT TECHS: (M19): Bulls Test Channel Top
*RES 4: $77.35 - High Oct 26, 2018
*RES 3: $76.43 - High Jul 10, 2018 
*RES 2: $75.36 - Low Oct 25 
*RES 1: $74.31 - Channel top, intraday high
*PRICE: $73.85 @ 05:27 GMT Apr 22 
*SUP 1: $70.74 - Low Apr 16 
*SUP 2: $68.99/68.87/68.54 - 200-dma/Low Apr 4/uptrend from Feb lows 
*SUP 3: $67.15 - 55-dma
*SUP 4: $65.89 - Low March 28 
Brent futures tested channel top resistance in early Asian trading on reports
that the US is to announce and end to Iran sanction waivers. Today's intraday
high at $74.31 is the initial upside target with a break opening the Oct 25 low
at $75.35. Bears look for a break below the April 16 low at $70.74 to negate
recent gains and open the 200-dma/April 4 low/uptrend support at $68.98/87/54.

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