Soybeans NOVEMBER 2019 is heading towards the support line of a Falling Wedge. If this movement continues, we expect the price of Soybeans NOVEMBER 2019 to test 861.7500 within the next 10 hours. 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 just like it did in the past.
Soybeans NOVEMBER 2019 is quickly approaching the support line of a Falling Wedge. We expect either a breakout through this line or a rebound.
