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BRENT TECHS: (X18) Friday's Gains Keep Highs In......>

BRENT TECHS, DOLLAR-SING
BRENT TECHS: (X18) Friday's Gains Keep Highs In Focus
*RES 4: $100.0 - Resistance 
*RES 3: $95.00 - Channel top 
*RES 2: $90.00 - Resistance 
*RES 1: $79.72 - High Sep 4 
*PRICE: $77.27 @ 05:40 GMT 
*SUP 1: $75.36 - 21-dma 
*SUP 2: $75.05 - 55-dma 
*SUP 3: $70.67 - Low August 15 
*SUP 4: $69.24 - Low April 18 
The rally in Nov-18 Brent on Friday has nipped the downtrend from the Sep 4
highs in the bud. Bulls need to close above the $77.50 level to mount an assault
on the Sep 4 highs at $79.72 and the broader bullish trend. The failure to
overcome $77.50 will be seen by bears as a cause for cheer as they look to break
below the 21 and 55-dmas. 

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