Soybean Oil SEPTEMBER 2020 has broken through the resistance line of a Channel Down. It has touched this line at least twice in the last 9 days. This breakout indicates a potential move to 31.8950 within the next 2 days. Because we have seen it retrace from this positions in the past, one should wait for confirmation of the breakout before trading.
Soybean Oil SEPTEMBER 2020 has broken through resistance of a Channel Down. It has touched this line at least twice in the last 9 days.
