The breakout of Soybeans JULY 2021 through the 1549.0000 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, we expect the price of Soybeans JULY 2021 to test 1525.1000 within the next 17 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.
Related Posts
Important support line being approached by US Oil. This price has been tested numerous time in the last 8 days
An emerging Falling Wedge has been detected on US Oil on the 30 Minutes chart. There is a…
Because Gold Spot formed a Channel Up pattern, we expect it to touch the support line. If it breaks through support it may move much lower
Gold Spot is moving towards a support line. Because we have seen it retrace from this line before,…
US Oil is currently testing a level of 62.2340. Will the breakout continue or will things reverse?
US Oil has broken through 62.2340 which it has tested numerous times in the past. We have seen…