Soybean Meal March 2024 is moving towards a resistance line. Because we have seen it retrace from this level in the past, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 8 days and may test it again within the next 23 hours.
Soybean Meal March 2024 – approaching a price line that has been previously tested numerous times in the past
