Soybean Oil JULY 2022 has broken through a resistance line. Because we have seen it retrace from this price in the past, one should wait for confirmation of the breakout before trading. It has touched this line numerous times in the last 16 days and suggests a possible target level to be around 84.1050 within the next 3 days.
Related Posts
Gold Spot keeps moving closer towards 3255.9646. Will it finally breach this level?
Gold Spot is heading towards 3255.9646 and could reach this point within the next 3 days. It has…
After testing support twice in the past, Silver Spot has finally broken through. Can we expect a bearish trend to follow?
The breakout of Silver Spot through the support line of a Triangle could be a sign of the…
Brent Crude – approaching a price line that has been previously tested numerous times in the past
Brent Crude is approaching a support line at 63.9620. If it hits the support line, it may break…