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After testing resistance twice in the past, Soybeans JULY 2019 has finally broken through. Can we expect a bullish trend to follow?

The breakout of Soybeans JULY 2019 through the resistance line of a Channel Down could be a sign of the road ahead. If this breakout persists, we expect the price of Soybeans JULY 2019 to test 867.4204 within the next 15 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.

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JPN225 is approaching a support line of a Channel Up. It has touched this line numerous times in the last 7 days.

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