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Light Sweet Crude Oil AUGUST 2021 is quickly approaching 72.4600. We expect either a breakout through this line, or a rebound.

Light Sweet Crude Oil AUGUST 2021 is heading towards a line of 72.4600. If this movement continues, we expect the price of Light Sweet Crude Oil AUGUST 2021 to test 72.4600 within the next 2 days. 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.

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