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

GER30 has broken through the resistance line which it has tested twice in the past. We have seen it retrace from this position before, so one should wait for confirmation of the breakout before trading. If this new trend persists, a target line of around 12766.1731 can be expected within the next 17 hours.

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Soybean Oil DECEMBER 2020 moves lower to 32.41 in the last 4 days.

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