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Important price line being approached by Soybean Meal OCTOBER 2021. This price has been tested numerous times before.

Soybean Meal OCTOBER 2021 is moving towards a line of 336.6000 which it has tested numerous times in the past. We have seen it retrace from this positions in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If Soybean Meal OCTOBER 2021 continues in its current trajectory, we can expect it to reach 336.6000 within the next 7 hours.

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