Soybean Oil MAY 2023 is heading towards a line of 54.7700. If this movement continues, the price of Soybean Oil MAY 2023 could test 54.7700 within the next 14 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.
Related Posts
Natural Gas seems to be on its way to resistance – a possible opportunity?
A strong resistance level has been identified at 3.4615 on the 30 Minutes Natural Gas chart. Natural Gas…
Important resistance line being approached by Natural Gas. This price has been tested numerous time in the last 5 days
A Channel Down pattern was identified on Natural Gas at 3.3885, creating an expectation that it may move…
Gold Spot is approaching a support line of a Falling Wedge. It has touched this line numerous times in the last 8 days.
Gold Spot is trapped in a Falling Wedge formation, implying that a breakout is Imminent. This is a…