Soybean Oil March 2024 has broken through a support line. It has touched this line numerous times in the last 15 days. This breakout shows a potential move to 48.7080 within the next 2 days. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.
After testing 49.9400 numerous times, Soybean Oil March 2024 has finally broken through. Can we expect a bearish trend to follow?
