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Important price line breached by Light Sweet Crude Oil JULY 2020. This price has been tested numerous times before.

Light Sweet Crude Oil JULY 2020 has broken through a line of 39.2400 which it has tested numerous times in the past. We have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading. If this new trend persists, a target line of around 40.5260 can be expected within the next 15 hours.

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