Soybeans MAY 2023 has broken through a line of 1503.2500 and suggests a possible movement to 1495.5000 within the next 5 hours. It has tested this line numerous times in the past, so one should wait for a confirmation of this breakout before taking any action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 4 days.
Big movement possible on Soybeans MAY 2023 after a breach of 1503.2500
