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If the resistance at 12.10 is broken up tonight or this week, then we can expect this sweet commodity to rally higher.
Comment:
Halleujah.....
the price has broke out of the resistance level at 12.10 and if the price action can stay, then we can expect the bullish trend to continue
the price has broke out of the resistance level at 12.10 and if the price action can stay, then we can expect the bullish trend to continue
Comment:
for those who continue to hold, you are rewarded.
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@oilyprata, thanks for your comments. Do note that agricultural commodities can be extremely volatile as it has big swings in prices. Definitely not for the faint hearted. Trade safely. cheers
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Now that it has broken out of the resistance, we can expect it to go higher towards 14 price level next week or so