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After testing resistance twice in the past, Soybeans MARCH 2021 has finally broken through. Can we expect a bullish trend to follow?

The breakout of Soybeans MARCH 2021 through the resistance line of a Ascending Triangle could be a sign of the road ahead. If this breakout persists, we expect the price of Soybeans MARCH 2021 to test 1397.8209 within the next 2 days. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.

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Support line breached by EUSTX50. This price has been tested at least twice before.

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