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BRENT TECHS: (Z18) Bullish Picture Intact *RES 4:....>

BRENT TECHS, DOLLAR-SING
BRENT TECHS: (Z18) Bullish Picture Intact
*RES 4: $100.0 - Resistance 
*RES 3: $95.00 - Channel top 
*RES 2: $90.00 - Resistance 
*RES 1: $86.74 - High Oct 4
*PRICE: $84.79 @ 05:11GMT 
*SUP 1: $82.66 - Low Oct 8
*SUP 2: $80.00 - Support 
*SUP 3: $77.44 - 55-dma 
*SUP 4: $70.85 - Low August 15 
Brent futures reclaimed the $85 level yesterday as the recovery from Monday's
lows gained traction, but this level has given way once again today to shift the
near-term outlook neutral. Bigger picture, the bull market remains intact and a
break back above $85 would target the Oct 4 peak at $86.74, above which the
bullish trend could accelerate. Bears need to break back below Monday's low to
target the $80 level, below which would make the case for a reversal. 

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