Soybean Oil MAY 2023 has broken through a resistance line. It has touched this line at least twice in the last 5 days. This breakout may indicate a potential move to 61.8626 within the next 11 hours. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading.
Soybean Oil MAY 2023 has broken through resistance of a Channel Down. It has touched this line at least twice in the last 5 days.
