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Big movement expected on Light Sweet Crude Oil DECEMBER 2019 after a breach of the support

Light Sweet Crude Oil DECEMBER 2019 has broken through a support line of a Triangle and suggests a possible movement to 54.6043 within the next 14 hours. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 2 days.

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We expect GC to trend downwards for the next 2 hours.

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We expect USDCHF to trend upwards for the next 48 hours.

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