Soybean Oil May 2024 has broken through a support line. It has touched this line numerous times in the last 22 days. This breakout shows a potential move to 44.5540 within the next 3 days. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.
After testing 45.8200 numerous times, Soybean Oil May 2024 has finally broken through. Can we expect a bearish trend to follow?
