Breach of support line imminent by Soybean Meal DECEMBER 2019
Soybean Meal DECEMBER 2019 is moving towards the support line of a Channel Up 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 DECEMBER 2019 continues in its current trajectory, we can expect it to reach 306.1000 within the next 11 hours.
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