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

OIL TECHS
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: $63.67 @ 0310GMT
*SUP 1: $62.69 - Hourly resistance Apr 4 now support 
*SUP 2: $62.06 - Low Apr 4 
*SUP 3: $60.84 - 100-DMA 
*SUP 4: $59.91 - Low Mar 8
*COMMENTARY: Pressure on 21 ($63.07) & 55 ($62.75) 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 $59.91-60.84 where the 100-DMA is noted.

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