Soybean Oil March 2024 has broken through a support line. Because we have seen it retrace from this price in the past, one should wait for confirmation of the breakout before trading. It has touched this line numerous times in the last 8 days and suggests a possible target level to be around 47.3950 within the next 2 days.
Important price line breached by Soybean Oil March 2024. This price has been tested numerous times before.
