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After testing 1565.7500 numerous times, Soybeans AUGUST 2022 has finally broken through. Can we expect a bullish trend to follow?

The breakout of Soybeans AUGUST 2022 through the 1565.7500 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, Soybeans AUGUST 2022 could test 1591.6500 within the next 19 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout.

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AUS200 – approaching a price line that has been previously tested numerous times in the past

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