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After testing 40.1700 numerous times, Light Sweet Crude Oil NOVEMBER 2020 is once again approaching this price point. Can we expect a bullish trend to follow?

The movement of Light Sweet Crude Oil NOVEMBER 2020 towards 40.1700 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 10 hours, 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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