Soybean Oil SEPTEMBER 2019 is moving towards the support line of a Channel Down which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it isn’t clear whether it will breach this line or rebound as it did before. If Soybean Oil SEPTEMBER 2019 continues in its current trajectory, we can expect it to reach 27.8500 within the next 11 hours.
Related Posts
US Oil is signaling a possible trend reversal on the intraday charts with price not breaching resistance.
US Oil was identified at around 68.543 having recently rebounded of the resistance on the 1 hour data…
After trying numerous times in the past, Gold Spot finally breaks 2642.1299!
The breakout of Gold Spot through the 2642.1299 price line is a breach of an important psychological price…
Natural Gas seems to be on its way to support – a possible opportunity?
The price of Natural Gas in heading back to the support area. It is possible that it will…