November 2022 Soybeans

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.