The breakout of Soybean Oil SEPTEMBER 2020 through the 31.2400 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, we expect the price of Soybean Oil SEPTEMBER 2020 to test 31.5930 within the next 6 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.
After testing 31.2400 numerous times, Soybean Oil SEPTEMBER 2020 has finally broken through. Can we expect a bullish trend to follow?
