ICE BRENT: (K18) $63.86 Support Key.......>

OIL TECHS: ICE BRENT: (K18) $63.86 Support Key Today

*RES 4: $67.52 - Low Jan 31 now resistance 

*RES 3: $66.19 - Low Feb 6 now resistance 

*RES 2: $66.01 - 21-DMA 

*RES 1: $65.78 - 55-DMA

*PRICE: $64.66 @ 0340GMT

*SUP 1: $64.21 - Low Feb 21 

*SUP 2: $63.86 - Low Feb 16 

*SUP 3: $63.04 - 100-DMA 

*SUP 4: $61.44 - 2018 Low Feb 13

*COMMENTARY: Hesitation around the 55-DMA remains a concern for bulls with the

$65.78-67.52 resistance region remaining key. Bulls still need a close above

$67.52 to shift initial focus back to $69.72-70.35. Initial support is noted at

$64.21 but bears need a close below $63.86 to ease renewed bullish pressure.

Overall below $60.56 shifts focus to $57.57-59.15 where the 200-DMA ($57.57) is

situated.