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OIL TECHS: NYMEX RBOB: (F18) Bears Need Close Below $1.7537
*RES 4: $1.8568 - Daily Bull channel top
*RES 3: $1.8243 - Bollinger band top
*RES 2: $1.8151 - High Nov 8
*RES 1: $1.7940 - High Nov 27
*PRICE: $1.7792 @ 0430GMT
*SUP 1: $1.7588 - 21-DMA
*SUP 2: $1.7537 - Low Nov 22
*SUP 3: $1.7323 - Alternating hourly support/resistance
*SUP 4: $1.7106 - Low Nov 16
*COMMENTARY: Bears failed to capitalise on dips below the 21-DMA and currently
need a close below $1.7537 to confirm a break of the 21-DMA to ease bullish
pressure and below $1.7106 to shift focus back to $1.6354-1.6588 where the
55-DMA and bull channel base are situated. Bulls remains focused on the break of
$1.8151 needed to target the bull channel top while $1.7537 supports.