Soybean Meal AUGUST 2022 is moving towards a resistance line. Because we have seen it retrace from this level in the past, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 20 days and may test it again within the next 3 days.
Related Posts
After testing the resistance line numerous times, Brent Crude is once again approaching this line. Can we expect a bullish trend to follow?
The movement of Brent Crude towards the resistance line of a Rising Wedge is yet another test of…
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…
Because Silver Spot formed a Channel Up pattern, we expect it to touch the resistance line. If it breaks through resistance it may move much higher
Silver Spot is trapped in a Channel Up formation, implying that a breakout is Imminent. This is a…