Soybean Meal AUGUST 2019 is moving towards the support line of a Rising Wedge which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it isn’t clear whether it will breach this line or rebound as it did before. If Soybean Meal AUGUST 2019 continues in its current trajectory, we can expect it to reach 309.3000 within the next 21 hours.
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