The movement of Soybean Meal May 2024 towards 340.0000 price line is yet another test of the line it reached numerous times in the past. We could expect this test to happen in the next 2 days, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current lines.
Soybean Meal May 2024 seems to be on its way to resistance – a possible opportunity?
