Soybeans January 2024 is moving towards a line of 1361.2500 which it has tested numerous times in the past. We have seen it retrace from this position in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If Soybeans January 2024 continues in its current trajectory, we may see it move towards 1361.2500 within the next 2 days.
Related Posts
Will US Oil break through the resistance level it tested before?
US Oil is moving towards a key resistance level at 62.0110. This is a previously tested level for…
Silver Spot is signaling a possible trend reversal on the intraday charts with price not breaching support.
Silver Spot was identified at around 48.76785 having recently rebounded of the support on the 1 hour data…
Important price line breached by US Oil. This price has been tested numerous times before.
US Oil has broken through a resistance line. Because we have seen it retrace from this price in…