Soybean Meal JULY 2019 is heading towards the resistance line of a Channel Down. If this movement continues, we expect the price of Soybean Meal JULY 2019 to test 296.6000 within the next 2 days. 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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