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Light Sweet Crude Oil AUGUST 2020 has broken through the resistance line of a Resistance. It has touched this line numerous times in the last 17 days.

Light Sweet Crude Oil AUGUST 2020 has broken through the resistance line of a Resistance. It has touched this line numerous times in the last 17 days. This breakout shows a potential move to 42.2680 within the next 2 days. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading.

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