7 x! w0 y5 h2 e! G# \ % k2 m5 g/ k e. V- O " ]4 }* m- J( n' X! T/ } ( X& I Z* h2 yDaily Chart - Created Using FXCM Marketscope ( P3 W/ b1 h; K) ~6 W7 C* ]6 W9 Q1 l6 i* L/ o
CRUDE 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.