CBOT Soyoil Weekly: Waiting for a significant breakout
Posted by Labels: Technical Comment (CBOT Soyoil)
Market recovered with a long white candle but shies away at the closing after tested the weekly high at USD39.17. Thus, a significant breakout from the overhead resistance at USD39.18 may provide more room to bias upside potential. Next resistance will be looking at USD40.77. Downside support is lies at USD37.30-USD36.55 followed by USD35.00.
0 comments:
Posting Komentar