Light Sweet Crude Oil JANUARY 2021 has broken through a line of 45.4500 and suggests a possible movement to 46.1750 within the next 8 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 3 days.
Big movement expected on Light Sweet Crude Oil JANUARY 2021 after a breach of 45.4500
