Soybean Meal MARCH 2022 is moving towards a line of 402.1000 which it has tested numerous times in the past. We have seen it retrace from this position in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If Soybean Meal MARCH 2022 continues in its current trajectory, we may see it move towards 402.1000 within the next 7 hours.
Important price line being approached by Soybean Meal MARCH 2022. This price has been tested numerous times before.
