Soybean Oil January 2024 has broken through a resistance line of a Falling Wedge chart pattern. If this breakout holds true, we may see the price of Soybean Oil January 2024 testing 50.5636 within the next 5 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.
A possible move by Soybean Oil January 2024 towards 50.5636
