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Soybeans JULY 2019 – approaching a support line that has been previously tested at least twice in the past

Soybeans JULY 2019 is moving towards the support line of a Rising Wedge. Because we have seen it retrace from this line before, 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 6 days and may test it again within the next 9 hours.

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Important resistance line being approached by Merck & Co. Inc.. This price has been tested numerous time in the last 47 days

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NZD/JPY Target Level: 70.9710

NZD/JPY Target Level: 70.9710

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