Soybean Meal OCTOBER 2021 has broken through the resistance line of a Resistance. It has touched this line numerous times in the last 7 days. This breakout shows a potential move to 341.0100 within the next 19 hours. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading.
Related Posts
Brent Crude – breach of price line that’s been previously tested numerous times before
Brent Crude has broken through 69.6375 which it has tested numerous times in the past. We have seen…
Important price line being approached by Brent Crude. This price has been tested numerous times before.
Brent Crude is about to retest a key horizontal resistance level near 69.7445. It has tested this level…
Brent Crude is quickly approaching the resistance line of a Triangle. We expect either a breakout through this line or a rebound.
Brent Crude is heading towards the resistance line of a Triangle. If this movement continues, the price of…