' ? g) h4 X& y b4 m6 ^+ M, p# j ! ~& X, f4 d. n {6 n
( o4 ]; L* i$ V) M
/ p7 N' h/ `# G' _' V3 m& j8 E
Daily Chart - Created Using FXCM Marketscope+ N+ B9 n4 I3 H
3 u h) u4 H1 Z4 [! q7 q7 g+ A, fCRUDE OIL TECHNICAL ANALYSIS - Prices pushed higher following a prolonged period of consolidation after bottoming as expected above the $45.00/barrel figure. A daily close above the 23.6% Fibonacci retracement at 53.77 exposes the 38.2% level at 59.08. Alternatively, a reversal below the 14.6% Fib at 50.49 targets the 14.6% Fib expansion at 47.07.