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After testing 78.6800 numerous times, Light Sweet Crude Oil NOVEMBER 2021 is once again approaching this price point. Can we expect a bearish trend to follow?

The movement of Light Sweet Crude Oil NOVEMBER 2021 towards 78.6800 price line is yet another test of the line it reached numerous times in the past. We could expect this test to happen in the next 2 days, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current lines.

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