Soybeans is heading to test next support zone as it is continuing the falling wedge pattern . short term trend is bearish till next support . We will continue to see low demand in china as it is 2nd largest economy low demand pressurise the price .We can expect increase in demand on next support . support levels r marked on the chart .
Soybean Oil is Testing its Breakout area.
If the test is successful, which is the likely scenario at present, it is Ripe to go upto the Green Zone.
But One Caution - commercial are still not in the Zone.
