Soybean Meal JANUARY 2021 has broken through the support line which it has tested twice in the past. We have seen it retrace from this position before, so one should wait for confirmation of the breakout before trading. If this new trend persists, a target line of around 385.5791 can be expected within the next 5 hours.
Support line breached by Soybean Meal JANUARY 2021. This price has been tested at least twice before.
