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Important support line being approached by Soybean Meal OCTOBER 2019. This price has been tested numerous time in the last 3 days

Soybean Meal OCTOBER 2019 is moving towards the support line of a Triangle which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it isn’t clear whether it will breach this line or rebound as it did before. If Soybean Meal OCTOBER 2019 continues in its current trajectory, we can expect it to reach 295.1000 within the next 13 hours.

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