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After testing 45.3100 numerous times, Soybean Oil MARCH 2021 has finally broken through. Can we expect a bullish trend to follow?

The breakout of Soybean Oil MARCH 2021 through the 45.3100 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, we expect the price of Soybean Oil MARCH 2021 to test 46.0630 within the next 2 days. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.

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