NYMEX WTI: (K18) Focus Back On $63.86.....>

OIL TECHS: NYMEX WTI: (K18) Focus Back On $63.86 Today 

*RES 4: $65.67 - Hourly resistance Mar 27 

*RES 3: $65.42 - High Apr 2 

*RES 2: $64.86 - Hourly support Apr 2 now resistance 

*RES 1: $63.86 - High Apr 3

*PRICE: $63.56 @ 2130GMT

*SUP 1: $62.69 - Hourly resistance Apr 4 now support 

*SUP 2: $62.06 - Low Apr 4 

*SUP 3: $60.78 - 100-DMA 

*SUP 4: $59.91 - Low Mar 8

*COMMENTARY: Pressure on 21 ($63.02) & 55 ($62.74) DMAs resulted in a dip below

Wednesday only to be aggressively reversed and pressure back on $63.86. Bulls

need a close above $63.86 to gain breathing room and above $65.42 to target 2018

highs. Bears now look for a close below $62.69 to confirm breaks of 21 & 55-DMAs

and shift focus to $59.91-60.78 where the 100-DMA is noted.