ICE BRENT: (K18) $65.57-66.36 Support.....>

OIL TECHS: ICE BRENT: (K18) $65.57-66.36 Support Key

*RES 4: $72.94 - Weekly Bull channel top 

*RES 3: $70.35 - 2018 High Jan 25 

*RES 2: $69.72 - High Feb 2 

*RES 1: $67.67 - High Feb 26

*PRICE: $67.22 @ 0430GMT

*SUP 1: $66.36 - Hourly resistance Feb 23 now support 

*SUP 2: $66.12 - 55-DMA 

*SUP 3: $65.57 - Low Feb 23 

*SUP 4: $64.21 - Low Feb 21

*COMMENTARY: Follow through has been lacking on the break of $67.52 with bulls

now needing a close above $67.67 to add support to the case for a test of

$69.72-70.35 where 2018 highs are situated. Daily studies at O/B are now the key

concern for bulls. In saying that, bears still need a close below $66.36 to gain

breathing room and below $65.57 to hint at a move back to $61.48 with below

$63.86 to confirm.