The breakout of Soybeans MAY 2022 through the 1665.2500 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, Soybeans MAY 2022 could test 1640.9250 within the next 11 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout.
After testing 1665.2500 numerous times, Soybeans MAY 2022 has finally broken through. Can we expect a bearish trend to follow?
