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OIL TECHS: ICE BRENT: (M18) Bulls Focused On $69.97-71.28
*RES 4: $73.41 - High Nov 28 2014 (Cont)
*RES 3: $71.28 - 2018 High Jan 25 (Cont)
*RES 2: $69.97 - Monthly High Jan 25
*RES 1: $69.44 - High Mar 21
*PRICE: $69.06 @ 0430GMT
*SUP 1: $68.49 - Hourly support Mar 21
*SUP 2: $67.72 - Hourly support Mar 21a
*SUP 3: $66.78 - Hourly support Mar 20
*SUP 4: $66.29 - 55-DMA
*COMMENTARY: Gains continue following the break of the 55-DMA this week with
immediate focus on $69.44-71.28 where monthly and 2018 highs are located. Bulls
look for a close above 2018 highs to target $73.41-76.75 last seen in Nov 2014.
The $67.72-68.49 support region is key today. Bears need a close below this
region to shift focus back to the 55-DMA.