The breakout of Soybean Oil MARCH 2022 through the 56.2400 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, Soybean Oil MARCH 2022 could test 58.7010 within the next 3 days. One should always be cautious before placing a trade, wait for confirmation of the breakout.
Related Posts
Silver Spot is quickly approaching a very important level it has previously tested numerous times in the past
Silver Spot is heading towards 31.5620 and could reach this point within the next 3 days. It has…
US Oil is approaching a support line of a Rising Wedge. It has touched this line numerous times in the last 2 days.
US Oil is moving towards a support line. Because we have seen it retrace from this line before,…
After testing the resistance line numerous times, Natural Gas is once again approaching this line. Can we expect a bullish trend to follow?
Natural Gas is approaching the resistance line of a Channel Up. It has touched this line numerous times…