Soybeans JULY 2019 is moving towards the support line of a Rising Wedge which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it isn’t clear whether it will breach this line or rebound as it did before. If Soybeans JULY 2019 continues in its current trajectory, we can expect it to reach 829.7500 within the next 5 hours.
Important support line being approached by Soybeans JULY 2019. This price has been tested numerous time in the last 23 hours
