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After testing 1565.2500 numerous times, Soybeans MARCH 2022 has finally broken through. Can we expect a bearish trend to follow?

The breakout of Soybeans MARCH 2022 through the 1565.2500 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, Soybeans MARCH 2022 could test 1539.8000 within the next 23 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout.

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FRA40 has broken through resistance of a Triangle. It has touched this line at least twice in the last 4 days.

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USD/JPY has broken through a resistance line. It has touched this line numerous times in the last 7 days.

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