Soybean Oil DECEMBER 2020 has broken through the resistance line of a Resistance. 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 numerous times in the last 19 days and suggests a target line to be around 34.5270 within the next 3 days.
Related Posts
Brent Crude – approaching a price line that has been previously tested numerous times in the past
Brent Crude is moving towards a key support level at 74.3240. This is a previously tested level for…
US Oil – approaching a price line that has been previously tested numerous times in the past
US Oil is moving towards a line of 72.7510 which it has tested numerous times in the past.…
Brent Crude has broken through resistance of a Triangle. It has touched this line at least twice in the last 7 days.
Brent Crude has broken through the resistance line which it has tested twice in the past. We have…