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Soybean Oil May 2024 is quickly approaching a very important level it has previously tested numerous times in the past

Soybean Oil May 2024 is moving towards a key support level at 48.1800. This is a previously tested level for Soybean Oil May 2024. This could be a good trading opportunity, either at the spot price, or after breaching this level.

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

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GBP/USD has broken through a resistance line. It has touched this line numerous times in the last 16 days.

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