Soybean Oil MARCH 2023 is moving towards a line of 60.5800 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 MARCH 2023 continues in its current trajectory, we may see it move towards 60.5800 within the next 16 hours.
Important price line being approached by Soybean Oil MARCH 2023. This price has been tested numerous times before.
