Light Sweet Crude Oil DECEMBER 2020 has broken through a line of 39.1700 and suggests a possible movement to 39.6990 within the next 7 hours. It has tested this line numerous times 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.
Big movement expected on Light Sweet Crude Oil DECEMBER 2020 after a breach of 39.1700
