Soybean Meal SEPTEMBER 2020 is heading towards a line of 283.5000. If this movement continues, we expect the price of Soybean Meal SEPTEMBER 2020 to test 283.5000 within the next 8 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.
Soybean Meal SEPTEMBER 2020 is quickly approaching 283.5000. We expect either a breakout through this line, or a rebound.
