Soybeans MAY 2020 has broken through the resistance line which it has tested twice in the past. We have seen it retrace from this position before, so one should wait for confirmation of the breakout before trading. If this new trend persists, a target line of around 896.6346 can be expected within the next 11 hours.
Resistance line breached by Soybeans MAY 2020. This price has been tested at least twice before.
