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Big movement possible on AUS200 after a breach of 7391.0000

AUS200 has broken through a line of 7391.0000 and suggests a possible movement to 7333.7002 within the next 3 days. It has tested this line numerous times in the past, so one should wait for a confirmation of this breakout before taking any action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 17 days.

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Important price line being approached by Soybeans MARCH 2023. This price has been tested numerous times before.

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