Soybean Oil May 2024 has broken through a support line. It has touched this line numerous times in the last 21 days. This breakout shows a potential move to 43.7450 within the next 3 days. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.
Soybean Oil May 2024 may be on a start of a new bearish trend after its breakout through this important support level
