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Big movement expected on JPN225 after a breach of the resistance

JPN225 has broken through a resistance line of a Triangle and suggests a possible movement to 28829.4109 within the next 2 days. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 7 days.

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After experiencing a 5.08% bullish move in the space of 13 hours, nobody knows where Soybean Meal MARCH 2021 is headed.

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Resistance line breached by UK100. This price has been tested at least twice before.

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