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Soybean Meal OCTOBER 2021 – breach of a trending support line that has been tested at least twice before.

Soybean Meal OCTOBER 2021 has broken through the support line of a Triangle technical chart pattern. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading. It has touched this line twice in the last 21 days and suggests a target line to be around 332.4878 within the next 4 days.

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