Oil [3rd - 7th October]

NYMEX:CL1!   Light Crude Oil Futures
149 0 2
Seems like price is breaking out of the huge consolidation pattern. While it is too early to confirm a bullish break, 46.08 now becomes the key level to watch as a support. We suggest to be patient and wait for more confirmation as this breakout might not be a sustained break.
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