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There is a possibility of a big movement on Soybean Oil May 2024 after a breach of the support

Soybean Oil May 2024 moved through the support line of a Rising Wedge at 48.1468 on the 30 Minutes chart. This line has been tested a number of times in the past and this breakout could mean an upcoming change from the current trend. It may continue in its current direction toward 47.6883.

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Important price line breached by AUS200. This price has been tested numerous times before.

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