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BRENT TECHS: (Z18) $80 Holds On A Closing Basis......>

BRENT TECHS, DOLLAR-SING
BRENT TECHS: (Z18) $80 Holds On A Closing Basis
*RES 4: $100.0 - Resistance 
*RES 3: $95.00 - Channel top 
*RES 2: $90.00 - Resistance 
*RES 1: $86.74 - High Oct 4 
*PRICE: $81.44 @ 03:30GMT 
*SUP 1: $80.00 - Support 
*SUP 2: $77.70 - 55-dma 
*SUP 3: $71.92 - 200-dma 
*SUP 4: $70.85 - Low Aug 15 
Brent futures managed to hold the key $80 level on a closing basis on Friday
which keeps the broader bullish trend intact and returns the focus to the Oct 4
high at $86.74. A break back above here would potentially accelerate the rally
towards the next psychological level at $90. Bears continue to target a break
below $80, which would open the 55-dma at $77.70 and give bears the advantage.

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