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Breach of support could mean a start of a bearish trend on Soybean Oil DECEMBER 2019

Soybean Oil DECEMBER 2019 has broken through a support line of a Channel Up chart pattern. If this breakout holds true, we expect the price of Soybean Oil DECEMBER 2019 to test 30.4022 within the next 2 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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Breach of support could mean a start of a bearish trend on DASHGBP

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USD/JPY is quickly approaching 108.9480. We expect either a breakout through this line, or a rebound.

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