The movement of Soybean Oil JULY 2020 towards 26.0600 price line is yet another test of the line it reached numerous times in the past. We expect this line test to happen in the next 10 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current lines.
After testing 26.0600 numerous times, Soybean Oil JULY 2020 is once again approaching this price point. Can we expect a bearish trend to follow?
