Should we expect a bearish trend on Soybean Oil DECEMBER 2019?
![](https://trader.autochartist.com/wp-content/uploads/2019/11/5dbbcd0bf2ae6224d931cf11.png)
The breakout of Soybean Oil DECEMBER 2019 through the support line of a Triangle could be a sign of the road ahead. If this breakout persists, we expect the price of Soybean Oil DECEMBER 2019 to test 30.2775 within the next 22 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.
Did you know that our social media feeds are updated only 3x per day, and don’t look at short term movements?
If you open a live account with a broker that support Autochartist, you’ll get:
Analysis as low as 15 minute data intervals Short term forecasts Risk and volatility information