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Support line breached by Light Sweet Crude Oil DECEMBER 2019. This price has been tested at least twice before.

Light Sweet Crude Oil DECEMBER 2019 has broken through the support line which it has tested twice in the past. We have seen it retrace from this position before, so one should wait for confirmation of the breakout before trading. If this new trend persists, a target line of around 55.7062 can be expected within the next 7 hours.

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A final push expected on FRA40 as it starts approaching a price line of 5725.0000.

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