Light Sweet Crude Oil AUGUST 2021 is heading towards a line of 73.4200. If this movement continues, we expect the price of Light Sweet Crude Oil AUGUST 2021 to test 73.4200 within the next 5 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.
Light Sweet Crude Oil AUGUST 2021 is quickly approaching 73.4200. We expect either a breakout through this line, or a rebound.
