November22 Soybeans – Weekly: Consolidation above 12.00 and looking for direction. The blue Tenkan is about to cross under the red kijun. Support is 12.02 and 11.84 with risk down at 11.50. A break below would target the 10.97-10.75 area. Resistance against the red Kijun line at 12.32 and then the down trending line. Initial targets at 12.95-13.13. Upside potential on a breakout will look for 14.14.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.