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Soybeans JULY 2022 has broken through support of a Channel Up. It has touched this line at least twice in the last 12 days.

Soybeans JULY 2022 has broken through a support line. It has touched this line at least twice in the last 12 days. This breakout may indicate a potential move to 1653.8136 within the next 2 days. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading.

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