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Big movement expected on Soybeans AUGUST 2020 after a breach of the support

Soybeans AUGUST 2020 has broken through a support line of a Rising Wedge and suggests a possible movement to 884.3048 within the next 7 hours. 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 2 days.

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A final push expected on Chevron as it starts approaching a price line of 87.25.

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Resistance line breached by GER30. This price has been tested at least twice before.

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