The breakout of Soybean Oil MARCH 2022 through the 56.2400 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, Soybean Oil MARCH 2022 could test 58.7010 within the next 3 days. One should always be cautious before placing a trade, wait for confirmation of the breakout.
ARTÍCULOS RELACIONADOS
A possible move on Natural Gas as it heads towards support
Natural Gas is moving towards a support line. Because we have seen it retrace from this line before,…
A final push possible on US Oil as it starts approaching a price line of 67.3445.
US Oil is heading towards a line of 67.3445. If this movement continues, the price of US Oil…
A Falling Wedge has formed, Natural Gas is approaching resistance. Can we expect a breakout and the start of a new trend or a reversal?
Natural Gas is trapped in a Falling Wedge formation, implying that a breakout is Imminent. This is a…