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Soybeans NOVEMBER 2021 – breach of price line thats been previously tested numerous times before

Soybeans NOVEMBER 2021 has broken through the resistance line of a Resistance. 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 numerous times in the last 17 days and suggests a possible target level to be around 1265.6500 within the next 3 days.

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We expect PL to trend downwards with a 80% chance.

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

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