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After testing 72.0500 numerous times, Light Sweet Crude Oil FEBRUARY 2022 has finally broken through. Can we expect a bullish trend to follow?

The breakout of Light Sweet Crude Oil FEBRUARY 2022 through the 72.0500 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, Light Sweet Crude Oil FEBRUARY 2022 could test 74.4190 within the next 2 days. One should always be cautious before placing a trade, wait for confirmation of the breakout.

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