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Big movement expected on Soybeans NOVEMBER 2020 after a breach of the support

Soybeans NOVEMBER 2020 has broken through a support line of a Rising Wedge and suggests a possible movement to 917.9187 within the next 9 hours. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 2 days.

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There is a 77.78% chance of ZN trending upwards

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Important price line being approached by Merck & Co. Inc.. This price has been tested numerous times before.

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