FXAutomate

Breakout ofnSoybean Futures

Long
CBOT:ZS1!   Soybean Futures
Soybean futures has corrected 50% of the previous impulse move that stretched from middle 2020 to May 2021. The latest breakout therefore implies the possibility of a new bullish wave back to at least the previous swing highs @ 1650 with an initial target of 1490. Stops can be considered @ 1198

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