Soybean Meal JULY 2021 has broken through a line of 396.0000 and suggests a possible movement to 383.9000 within the next 2 days. It has tested this line numerous times in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 10 days.
Big movement expected on Soybean Meal JULY 2021 after a breach of 396.0000
