Soybean Meal MARCH 2023 has broken through the resistance line which it has tested twice in the past. We have seen it retrace from this line before, so one should wait for confirmation of the breakout before trading. If this new trend persists, a target level of around 456.9863 may materialize within the next 13 hours.
Related Posts
Natural Gas keeps moving closer towards 3.5625. Will it finally breach this level?
Natural Gas is moving towards a line of 3.5625 which it has tested numerous times in the past.…
Will US Oil break through the resistance level it tested before?
The price of US Oil in heading back to the resistance area. It is possible that it will…
Gold Spot has broken out from the Triangle pattern. Expect it to hit 3291.9738 soon.
Triangle pattern identified on Gold Spot has broken through a support level with the price momentum continuing to…