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After testing 49.9400 numerous times, Soybean Oil March 2024 has finally broken through. Can we expect a bearish trend to follow?

Soybean Oil March 2024 has broken through a support line. It has touched this line numerous times in the last 15 days. This breakout shows a potential move to 48.7080 within the next 2 days. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.

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Ligne de prix importante est approchée par LTCUSD. Ce prix a été testé plusieurs fois avant.

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Après avoir testé 49.9400 plusieurs fois auparavant, Soybean Oil March 2024 a enfin percé. Peut-on s’attendre à une tendance baissière par la suite ?

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