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A final push possible on Soybean Oil MAY 2022 as it starts approaching a price line of 70.9000.

Soybean Oil MAY 2022 is heading towards 70.9000 and could reach this point within the next 2 days. It has tested this line numerous times in the past, and this time could be no different, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels.

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