After testing support twice in the past, Soybean Oil JULY 2020 has finally broken through. Can we expect a bearish trend to follow?

The breakout of Soybean Oil JULY 2020 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 JULY 2020 to test 27.5505 within the next 9 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.