The breakout of Light Sweet Crude Oil JULY 2021 through the 71.3000 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, we expect the price of Light Sweet Crude Oil JULY 2021 to test 71.6950 within the next 9 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.
After testing 71.3000 numerous times, Light Sweet Crude Oil JULY 2021 has finally broken through. Can we expect a bullish trend to follow?
