The breakout of Soybeans MARCH 2022 through the 1565.2500 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, Soybeans MARCH 2022 could test 1539.8000 within the next 23 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout.
Related Posts
A possible move on Natural Gas as it heads towards support
Natural Gas is moving towards a support line. Because we have seen it retrace from this line before,…
A final push possible on US Oil as it starts approaching a price line of 67.3445.
US Oil is heading towards a line of 67.3445. If this movement continues, the price of US Oil…
A Falling Wedge has formed, Natural Gas is approaching resistance. Can we expect a breakout and the start of a new trend or a reversal?
Natural Gas is trapped in a Falling Wedge formation, implying that a breakout is Imminent. This is a…