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After testing 53.2400 numerous times, Light Sweet Crude Oil MARCH 2021 is once again approaching this price point. Can we expect a bullish trend to follow?

The movement of Light Sweet Crude Oil MARCH 2021 towards 53.2400 price line is yet another test of the line it reached numerous times in the past. We expect this line test to happen in the next 3 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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