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ICE BRENT: (K18) $63.19 & $67.67 Levels...>

OIL TECHS: ICE BRENT: (K18) $63.19 & $67.67 Levels Key This Week
*RES 4: $67.67 - High Feb 26 
*RES 3: $66.81 - Hourly resistance Feb 27 
*RES 2: $66.47 - 55-DMA 
*RES 1: $66.38 - Daily Bear channel top off 2018 high
*PRICE: $65.61 @ 0340GMT
*SUP 1: $65.43 - Hourly resistance Mar 9 now support 
*SUP 2: $64.90 - Alternating hourly support/resistance 
*SUP 3: $64.11 - Hourly resistance Mar 9a now support 
*SUP 4: $63.44 - Low Mar 8
*COMMENTARY: Bulls take comfort in the recovery from dips below the 100-DMA
($64.20) that sees focus return to the $66.38-67.67 region where the bear
channel top and 55-DMA are situated. Bulls still need a close above $67.67 to
shift focus back to $69.72-70.35 where 2018 highs are situated. The $63.19
support is key this week with bears needing a close below to initially target

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