Soybean Meal MAY 2023 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 6 days and may test it again within the next 15 hours.
Related Posts
US Oil may be on a start of a new bearish trend after its breakout through this important support level
US Oil has broken through a line of 62.6985 and suggests a possible movement to 62.2475 within the…
Important support line being approached by Gold Spot. This price has been tested numerous time in the last 6 days
The movement of Gold Spot towards the support line of a Descending Triangle is yet another test of…
Natural Gas – approaching a support line that has been previously tested at least twice in the past
The movement of Natural Gas towards the support line of a Channel Up is yet another test of…