The movement of Soybean Oil JANUARY 2021 towards 38.7800 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 11 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current lines.
After testing 38.7800 numerous times, Soybean Oil JANUARY 2021 is once again approaching this price point. Can we expect a bearish trend to follow?
