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Light Sweet Crude Oil JANUARY 2022 is approaching 71.2600. We expect either a breakout through this line, or a rebound.

Light Sweet Crude Oil JANUARY 2022 is heading towards a line of 71.2600. If this movement continues, the price of Light Sweet Crude Oil JANUARY 2022 could test 71.2600 within the next 18 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.

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EUSTX50 has broken through resistance of a Triangle. It has touched this line at least twice in the last 5 days.

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