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Soybean Meal OCTOBER 2022 is approaching 400.0000. We expect either a breakout through this line, or a rebound.

Soybean Meal OCTOBER 2022 is heading towards a line of 400.0000. If this movement continues, the price of Soybean Meal OCTOBER 2022 could test 400.0000 within the next 3 days. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding.

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Support line breached by AUS200. This price has been tested at least twice before.

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