Soybeans SEPTEMBER 2022 has broken through the support line of a Channel Up technical chart pattern. Because we have seen it retrace from this line in the past, one should wait for confirmation of the breakout before taking any action. It has touched this line twice in the last 2 days and suggests a possible target level to be around 1480.0691 within the next 5 hours.
Soybeans SEPTEMBER 2022 – breach of a trending support line that has been tested at least twice before.
