Soybean Meal JULY 2019 is heading towards the support line of a Falling Wedge. If this movement continues, we expect the price of Soybean Meal JULY 2019 to test 313.5000 within the next 5 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.
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