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BRENT TECHS: (N19): Bulls Target 21-DMA *RES 4:......>

BRENT TECHS, DOLLAR-SING
BRENT TECHS: (N19): Bulls Target 21-DMA
*RES 4: $76.35 - 76.4% retracement 
*RES 3: $74.75 - High Apr 25 
*RES 2: $72.79 - High Apr 30 
*RES 1: $71.55 - 21-dma 
*PRICE: $70.86 @ 05:28 GMT May 13 
*SUP 1: $68.77/68.94 - 200-dma/55-dma 
*SUP 2: $68.21 - High March 21 
*SUP 3: $65.89 - Low March 28 
*SUP 4: $63.91 - Low March 8 
Brent futures broke above down trendline resistance from the April 25 high on
Friday which brings the 21-dma within touching distance. Above here would put
the focus back on the April 30 high at $72.79, with a break opening the ytd high
at $74.75. A downside break below the 200-dma/55-dma at $68.77/68.94 would
suggest a downside reversal to the March 21 high at $68.21.

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