Big movement expected on Soybeans JANUARY 2021 after a breach of the support

Soybeans JANUARY 2021 has broken through a support line of a Channel Up and suggests a possible movement to 1167.8350 within the next 2 days. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 9 days.