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Soybeans JULY 2023 has broken through resistance of a Channel Down. It has touched this line at least twice in the last 11 days.

Soybeans JULY 2023 has broken through a resistance line. It has touched this line at least twice in the last 11 days. This breakout may indicate a potential move to 1362.9060 within the next 22 hours. 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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