The breakout of Soybean Oil AUGUST 2019 through the support line of a Channel Up could be a sign of the road ahead. If this breakout persists, we expect the price of Soybean Oil AUGUST 2019 to test 27.7512 within the next 2 days. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.
After testing support twice in the past, Soybean Oil AUGUST 2019 has finally broken through. Can we expect a bearish trend to follow?
