ICE BRENT: (J18) $66.74-67.72 Support.....>

OIL TECHS: ICE BRENT: (J18) $66.74-67.72 Support Remains Key

*RES 4: $73.41 - High Nov 28 2014 

*RES 3: $70.78 - 2018 High Jan 25 

*RES 2: $69.55 - Low Jan 25 now resistance 

*RES 1: $68.72 - 21-DMA

*PRICE: $68.00 @ 0430GMT

*SUP 1: $67.72 - High Jan 4 now support 

*SUP 2: $66.74 - Low Jan 5 

*SUP 3: $65.15 - 55-DMA 

*SUP 4: $64.48 - High Dec 12 now support

*COMMENTARY: Recent 2018 & 3+ year highs lacked follow through with bears now

taking comfort as the contract consolidates below the 21-DMA and pressures key

supports. Bears need a close below $67.72 hint at a move back to $64.48-65.15

where the 55-DMA is noted and below $66.74 to confirm. The 21-DMA is initial

resistance but bulls a close above $69.55 to gain breathing room and above

$70.78 to target $73.41.