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FXAutomate
Dec 22, 2021 8:46 AM

Breakout ofnSoybean Futures Long

Soybean FuturesCBOT

Description

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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