Soybean Oil MAY 2023 has broken through a resistance line of a Double Bottom chart pattern. If this breakout holds true, we may see the price of Soybean Oil MAY 2023 testing 61.4536 within the next 6 hours. But don’t be so quick to trade, it has tested this line in the past, so you should confirm the breakout before taking any action.
Breach of resistance could mean a start of a bullish trend on Soybean Oil MAY 2023
