Light Sweet Crude Oil JULY 2019 is moving towards the support line of a Channel Down which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it isn’t clear whether it will breach this line or rebound as it did before. If Light Sweet Crude Oil JULY 2019 continues in its current trajectory, we can expect it to reach 52.1100 within the next 2 days.
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