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After testing 1427.2500 numerous times, Soybeans AUGUST 2021 is once again approaching this price point. Can we expect a bearish trend to follow?

The movement of Soybeans AUGUST 2021 towards 1427.2500 price line is yet another test of the line it reached numerous times in the past. We expect this line test to happen in the next 8 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current lines.

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Important price line being approached by 3m Co.. This price has been tested numerous times before.

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We expect a $758.565 movement on KC within 12 hours following the event release at 22 Jul 11:45.

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