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Breach of resistance could mean a start of a bullish trend on Soybean Oil DECEMBER 2019

Soybean Oil DECEMBER 2019 has broken through a resistance line of a Triangle chart pattern. If this breakout holds true, we expect the price of Soybean Oil DECEMBER 2019 to test 29.7736 within the next 4 days. But don’t be so quick to trade, it has tested this line in the past, so you should probably confirm the breakout before placing any trades.

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Support line breached by Lean Hogs DECEMBER 2019. This price has been tested at least twice before.

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