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After testing 220.2700 numerous times, BCHGBP is once again approaching this price point. Can we expect a bullish trend to follow?

The movement of BCHGBP towards 220.2700 price line is yet another test of the line it reached numerous times in the past. We expect this line test to happen in the next 17 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current lines.

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Soybean Meal AUGUST 2020 – approaching a price line that has been previously tested numerous times in the past

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