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After testing support twice in the past, Soybean Oil AUGUST 2019 has finally broken through. Can we expect a bearish trend to follow?

The breakout of Soybean Oil AUGUST 2019 through the support line of a Triangle could be a sign of the road ahead. If this breakout persists, we expect the price of Soybean Oil AUGUST 2019 to test 27.2512 within the next 3 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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We expect a $122.534 movement on USDCAD within the next 48 hours.

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NAS100 is approaching a support line of a Rising Wedge. It has touched this line numerous times in the last 32 days.

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