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Soybean Oil January 2024 likely to test 51.6500 in the near future. Where to next?

Soybean Oil January 2024 is moving towards a resistance line. Because we have seen it retrace from this level in the past, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 14 days and may test it again within the next 2 days.

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