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After testing the support line numerous times, Soybeans SEPTEMBER 2019 is once again approaching this line. Can we expect a bearish trend to follow?

The movement of Soybeans SEPTEMBER 2019 towards the support line of a Falling Wedge is yet another test of the line it reached numerous times in the past. We expect this line test to happen in the next 20 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current levels.

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We expect a $326.432 movement on USDCHF within 48 hours following the event release at 16 Aug 12:30.

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We expect a $122.512 movement on USDCHF within 2 hours following the event release at 16 Aug 14:00.

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