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After testing 1291.7500 numerous times, Soybeans NOVEMBER 2021 has finally broken through. Can we expect a bullish trend to follow?

The breakout of Soybeans NOVEMBER 2021 through the 1291.7500 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 NOVEMBER 2021 to test 1307.0000 within the next 2 days. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.

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Breach of resistance could mean a start of a bullish trend on 3m Co.

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Resistance line breached by AUS200. This price has been tested at least twice before.

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