4 s/ W( l4 ]$ JDaily Chart - Created Using FXCM Marketscope 6 Y# C( q# G) ? n0 F3 [( Z* k5 k9 E( R; F) V& Q
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.