The price of Soybeans January 2024 in heading in the direction of 1352.1750. Despite the recent breakout through 1339.5000 it is possible that it will struggle to gain momentum to the forecast price and move back in the other direction. This has happened many times in the past so watch for a possible bounce back.
If you’re short Soybeans January 2024 you should be aware that 1339.5000 has just been breached – a level tested 4 time in the past
