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After testing 353.2000 numerous times, Soybean Meal March 2024 has finally broken through. Can we expect a bearish trend to follow?

Soybean Meal March 2024 is once again retesting a key horizontal support level at 353.2000. It has tested this level 3 times in the recent past and could simply bounce off like it did last time. However, after this many tries, maybe it’s ready to start a new trend.

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