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Long Term Bullish Movement on Soybeans by ThinkingAntsOk

Long
CFDs on Soybeans (OANDA:SOYBNUSD)  
ThinkingAntsOk  
OANDA:SOYBNUSD   CFDs on Soybeans
Trend Analysis Support and Resistance Multiple Time Frame Analysis Soybeans SOYBEANS SOY Commodities
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trendanalysis supportandresistance mtfa soybeans soybnusd soy commodities
DAILY CHART EXPLANATION:

On this timeframe, we observe that at this moment the Resistance Zone is trying to be broken. if price can consolidate above, then we expect a corrective movement towards the Support Zone (broken resistance zone) before continuing the Bullish Movement. The first target of the upside move is the Resistance Zone at 10.30 zone.

WEEKLY CHART ANALYSIS:

snapshot



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