Soybean Meal OCTOBER 2021 is heading towards a line of 350.7000. If this movement continues, we expect the price of Soybean Meal OCTOBER 2021 to test 350.7000 within the next 5 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.
Soybean Meal OCTOBER 2021 is quickly approaching 350.7000. We expect either a breakout through this line, or a rebound.
