Soybeans AUGUST 2020 has broken through the resistance line of a Channel Down. It has touched this line at least twice in the last 9 days. This breakout indicates a potential move to 886.0877 within the next 2 days. Because we have seen it retrace from this positions in the past, one should wait for confirmation of the breakout before trading.
Soybeans AUGUST 2020 has broken through resistance of a Channel Down. It has touched this line at least twice in the last 9 days.
