Type:Bullish riseKey Levels:Resistance : 1581'4Pivot: 1483'4Support : 1377'2Preferred Case:On the H4, with price moving along the ascending channel , we have a bullish bias that price will rise from the pivot at 1483'4, which is in line with the 38.2% fibonacci retracement to the 1st resistance at 1581'4 where the 61.8% fibonacci retracement is.Alternative Scenario:Alternatively, price could break pivot structure and drop to the 1st support at 1377'2 where the overlap support and 61.8% fibonacci retracement are.Fundamentals:No Major News
from Tickmill Expert Blog - Forex Traders Blog https://www.tickmill.com/blog/soybean-futures-zs1-h4-potential-for-bullish-rise-23"
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