After testing support twice in the past, Soybeans JANUARY 2021 has finally broken through. Can we expect a bearish trend to follow?

The breakout of Soybeans JANUARY 2021 through the support line of a Double Top could be a sign of the road ahead. If this breakout persists, we expect the price of Soybeans JANUARY 2021 to test 1168.9385 within the next 7 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.