Soybean Oil MAY 2023 has broken through a support line. It has touched this line numerous times in the last 15 days. This breakout shows a potential move to 52.5330 within the next 2 days. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.
Related Posts
Gold Spot is approaching a resistance line of a Channel Up. It has touched this line numerous times in the last 10 days.
Gold Spot is moving towards a resistance line. Because we have seen it retrace from this line before,…
Breach of 69.1315 could mean a start of a bearish trend on Brent Crude
Brent Crude has broken through 69.1315 which it has tested numerous times in the past. We have seen…
Important support line being approached by Brent Crude. This price has been tested numerous time in the last 2 days
An emerging Descending Triangle has been detected on Brent Crude on the 15 Minutes chart. There is a…