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BRENT TECHS: (Z18) Clinging To Support Area *RES.....>

BRENT TECHS, DOLLAR-SING
BRENT TECHS: (Z18) Clinging To Support Area
*RES 4: $95.00 - Channel top 
*RES 3: $90.00 - Resistance 
*RES 2: $86.74 - High Oct 4 
*RES 1: $82.17 - 21-dma 
*PRICE: $79.98 @ 05:11GMT 
*SUP 1: $78.26 - 55-dma 
*SUP 2: $75.20 - Low Sep 6 
*SUP 3: $72.28 - 200-dma 
*SUP 4: $70.85 - Low Aug 15 
Brent futures have found support at the prior multi-month range highs just below
$80, and the 55-dma, which comes in at $78.26. This keeps the positive trend
intact but bulls need to overcome the 21-dma at $82.17, which has capped
recovery efforts, to reignite upside momentum. On the downside, a close below
the 55-dma at $78.26 would shift the outlook bearish targeting the Sep 6 low. 

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