US Oil has broken through a support line of a Rising Wedge and suggests a possible movement to 72.3904 within the next 2 days. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before taking action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 16 days.
There is a possibility of a big movement on US Oil after a breach of the support
