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BRENT TECHS: (X19): Eyeing the downside *RES 4:......>

BRENT TECHS, DOLLAR-SING
BRENT TECHS: (X19): Eyeing the downside
*RES 4: $71.95 - High Sep 16 key resistance
*RES 3: $69.26 - High Sep 17
*RES 2: $66.50 - Intraday corrective high during US session, Sep 17
*RES 1: $64.99 - High Sep 18
*PRICE: $63.70 @ 06:25 BST Sep 19
*SUP 1: $63.04 - Low Sep 18
*SUP 2: $61.39 - High Sep 12
*SUP 3: $60.81 - High Sep 13 and gap low
*SUP 4: $58.92 - Low Sep 12
Brent is trading in a much quieter manner following a very volatile period this
week. For now the focus is on the downside. Tuesday saw prices trade below
Monday's $64.75 low, to $63.55 and importantly also below the Sep 10 high of
$63.78. This fills the initial gap in the chart. A deeper sell-off would open
$60.81, Sep 13 high to fill the entire gap in the chart left by Monday's spike.
Initial resistance is at yesterday's high of $64.99.

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