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BRENT TECHS: (Z18) $75 Under Pressure Again *RES.....>

BRENT TECHS, DOLLAR-SING
BRENT TECHS: (Z18) $75 Under Pressure Again
*RES 4: $90.00 - Resistance
*RES 3: $86.74 - High Oct 4 
*RES 2: $80.00 - Resistance 
*RES 1: $78.71 - 55-dma 
*PRICE: $75.47 @ 05:30 GMT 
*SUP 1: $75.00 - Support 
*SUP 2: $72.64 - 200-dma 
*SUP 3: $70.85 - Low Aug 15 
*SUP 4: $70.00 - Support 
Brent futures are breaking below uptrend support from the Feb lows but the $75
level remains intact for now, acting as the last line of defense ahead of the
200-dma. A close below $75 would likely open the floodgates to further losses,
shifting the bigger picture outlook bearish. Bulls need to recover the 55-dma at
$78.71 to open the $80 level, above which the outlook would turn positive. 

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