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After testing 359.3000 numerous times, Soybean Meal SEPTEMBER 2021 is once again approaching this price point. Can we expect a bearish trend to follow?

The movement of Soybean Meal SEPTEMBER 2021 towards 359.3000 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 2 days, 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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We expect a 6 pip movement on RB for the next 48 hours.

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There is a 80% chance of C trending upwards

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