Brent Crude oil futures are witnessing some choppy action today after the sharp surge witnessed in last session. The commodity had tested near one and half month low before a rebound in last week. Lower Bollinger Bands also acted in favor of the counter though the momentum eased for the commodity after hitting highs above $ 75.80 per barrel. The counter currently trades at $ 74.40 per barrel and is trying to break above the 50 Day Exponential Moving Average (EMA) currently placed at $ 74.85 per barrel. A failure to hold above the same mark could bring in some moderation for the commodity after the massive surge last Friday.