The price of Soybeans May 2024 in heading in the direction of 1172.5500. Despite the recent breakout through 1185.2500 it is possible that it will struggle to gain momentum to the forecast price and move back in the other direction. This has happened many times in the past so watch for a possible bounce back.
Breach of 1185.2500 could mean a start of a bearish trend on Soybeans May 2024
