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Soybean Meal DECEMBER 2023 likely to test 422.0000 in the near future. Where to next?

Soybean Meal DECEMBER 2023 is heading towards 422.0000 and could reach this point within the next 2 days. It has tested this line numerous times in the past, and this time could be no different, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels.

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