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USD/JPY is quickly approaching 108.9480. We expect either a breakout through this line, or a rebound.

USD/JPY is heading towards a line of 108.9480. If this movement continues, we expect the price of USD/JPY to test 108.9480 within the next 6 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 just like it did in the past.

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Breach of support could mean a start of a bearish trend on Soybean Oil DECEMBER 2019

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Support line breached by Soybean Meal DECEMBER 2019. This price has been tested at least twice before.

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