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ICE BRENT: (K18) Above $67.67 To Target...>

OIL TECHS: ICE BRENT: (K18) Above $67.67 To Target 2018 High
*RES 4: $67.67 - High Feb 26 
*RES 3: $66.81 - Hourly resistance Feb 27 
*RES 2: $66.41 - 55-DMA 
*RES 1: $64.90 - Hourly support Mar 7 now resistance
*PRICE: $64.48 @ 0430GMT
*SUP 1: $63.83 - Low Mar 7 
*SUP 2: $63.19 - Low Mar 1 
*SUP 3: $61.44 - 2018 Low Feb 13 
*SUP 4: $60.56 - Low Nov 17
*COMMENTARY: The failure ahead of the 55-DMA this week leaves the contract
looking a little heavy although follow through below the 100-DMA ($64.04)
remains lacking. Bears now focus on the break of $63.19 needed to initially
target $59.18-61.48. Bulls need a close above the 55-DMA to gain breathing room
and above $67.67 to shift focus back to $66.40-67.67 where the 55-DMA is

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