The breakout of Soybeans AUGUST 2021 through the 1436.0000 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 AUGUST 2021 to test 1417.7500 within the next 16 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.
After testing 1436.0000 numerous times, Soybeans AUGUST 2021 has finally broken through. Can we expect a bearish trend to follow?
