NYMEX WTI: (K18) Above $64.07 To Target...>

OIL TECHS: NYMEX WTI: (K18) Above $64.07 To Target 2018 High 

*RES 4: $63.05 - High Mar 6 

*RES 3: $62.22 - High Mar 12 

*RES 2: $62.11 - 55-DMA 

*RES 1: $61.64 - 21-DMA

*PRICE: $61.23 @ 0530GMT

*SUP 1: $60.86 - Low Mar 15 

*SUP 2: $60.18 - Low Mar 14 

*SUP 3: $59.91 - Low Mar 8 

*SUP 4: $59.60 - 100-DMA

*COMMENTARY: Support has emerged on dips back towards the key $59.18-91 support

region this week but layers of resistance $62.09-64.07 where the 55-DMA and bear

channel top ($62.67) are located remain key. Bulls need a close above $64.07 to

return focus to 2018 highs. Bears continue to look for a close below $59.18 to

hint at a move back to $54.10-55.90 with below $57.60 to confirm.