FX.co ★ bradtke.owen | CL/Crude Oil

#CL / Oil / OILUSD

Saturday technical analysis of the pair on the 5-minute chart. Short term. From the 68.51 level the price is moving back up. The price has started working off the large blue zone; the red zone, which has only just started to form, can be used by the price as a support level during growth. The price can fully work off the blue zone and then correct upwards to work off the double top level at 72.51.