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After testing support twice in the past, Soybean Meal AUGUST 2021 has finally broken through. Can we expect a bearish trend to follow?

The breakout of Soybean Meal AUGUST 2021 through the support line of a Triangle could be a sign of the road ahead. If this breakout persists, we expect the price of Soybean Meal AUGUST 2021 to test 361.1317 within the next 18 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.

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