BRENT TECHS: (Q19): Softer Dollar Supporting *RES....>

BRENT TECHS: (Q19): Softer Dollar Supporting

*RES 4: $66.75/83 - 50% Apr-May fall/100-dma

*RES 3: $66.67 - May 29 Low

*RES 2: $64.91 - High May 31

*RES 1: $64.10 - Intraday High

*PRICE: $63.60 @ 06:45 BST Jun 10

*SUP 1: $60.22/07 - Low June 6/61.8% of Dec-Apr rally

*SUP 2: $59.45 - Low June 5

*SUP 3 :$58.99 - Low Nov 29

*SUP 4: $56.53 - High Dec 26

A soft set of US jobs figures sent the greenback spiralling Friday, resulting in

a supported commodities complex and helping Brent hold above the base of the

week at 59.45. This keeps the focus on medium-term resistance at $66.75/81 from

the 50% retracement of the Apr-May fall & 100-dma. Bears need to clear the 61.8%

retracement of the Dec-Apr rally & $60 level to bring the recent cycle lows at

$59.45 back into view.