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Soybean Meal JULY 2023 has broken through resistance of a Falling Wedge. It has touched this line at least twice in the last 15 days.

Soybean Meal JULY 2023 has broken through a resistance line. It has touched this line at least twice in the last 15 days. This breakout may indicate a potential move to 437.5136 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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