Soybean Oil MAY 2022 – breach of price line thats been previously tested numerous times before

Soybean Oil MAY 2022 has broken through a resistance line. Because we have seen it retrace from this price in the past, one should wait for confirmation of the breakout before trading. It has touched this line numerous times in the last 7 days and suggests a possible target level to be around 76.0290 within the next 17 hours.