The movement of Soybean Meal JULY 2020 towards 285.9000 price line is yet another test of the line it reached numerous times in the past. We expect this line test to happen in the next 23 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current lines.
After testing 285.9000 numerous times, Soybean Meal JULY 2020 is once again approaching this price point. Can we expect a bearish trend to follow?
