Soybean Meal JULY 2021 has broken through the support line of a Triangle technical chart pattern. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading. It has touched this line twice in the last 13 days and suggests a target line to be around 379.1671 within the next 10 hours.
Soybean Meal JULY 2021 – breach of a trending support line that has been tested at least twice before.
