FX.co ★ bradtke.owen | CL/Crude Oil

#CL / Oil / OILUSD Sunday's technical analysis of the pair on the daily chart. The price at the level of 111.73 has hit the TF maximum and is now pulling back. The price has started to work off the large red zone. On the way down, the price may use the blue zone, which is just starting to form, as a resistance level. The price may fully work off the red zone and correct downwards to test the minimum, currently drawn at the level of 53.16, or slightly lower.