Soybean Oil JANUARY 2021 has broken through the support line of a Rising Wedge. It has touched this line at least twice in the last 11 days. This breakout indicates a potential move to 38.0641 within the next 2 days. Because we have seen it retrace from this positions in the past, one should wait for confirmation of the breakout before trading.
Soybean Oil JANUARY 2021 has broken through support of a Rising Wedge. It has touched this line at least twice in the last 11 days.
