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BRENT TECHS: (M19): Uptrend Intact For Now *RES 4:...>

BRENT TECHS, DOLLAR-SING
BRENT TECHS: (M19): Uptrend Intact For Now
*RES 4: $80.66 - High Oct 17, 2018 
*RES 3: $77.35 - High Oct 26, 2018 
*RES 2: $76.42/43 - 76.4% retracement / High Jul 10, 2018 
*RES 1: $75.60 - High Apr 25 
*PRICE: $71.82 @ 05:42 GMT Apr 30 
*SUP 1: $70.74/71.20 - Low Apr 16/uptrend support from Dec low 
*SUP 2: $69.03/68.87/69.10 - 200-dma/Low Apr 4/uptrend from Feb lows 
*SUP 3: $68.36 - 55-dma 
*SUP 4: $65.89 - Low March 28 
Brent futures continue to trade either side of the $72 level just clear of key
uptrend support which now comes in at $71.20. A break below here and the April
16 low at $70.74 would suggest a downside reversal to the $69.03/68.87/69.10
area marking the 200-dma/April 4 low/uptrend support from the Feb lows. Bulls
focus remains on Thursday's high at $75.60 with a break needed to extend the
rally towards the 74.6% retracement/July 10 high at $76.42/43.

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