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Daily Chart - Created Using FXCM Marketscope0 Q. B# ?7 `9 o$ s! o
- s& D) I/ ~# q$ b5 uCRUDE 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.