Soybean Oil JULY 2022 is moving towards a line of 80.5200 which it has tested numerous times in the past. We have seen it retrace from this position in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If Soybean Oil JULY 2022 continues in its current trajectory, we may see it move towards 80.5200 within the next 11 hours.
Important price line being approached by Soybean Oil JULY 2022. This price has been tested numerous times before.
