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After testing 300.0000 numerous times, Soybean Meal MAY 2020 is once again approaching this price point. Can we expect a bullish trend to follow?

The movement of Soybean Meal MAY 2020 towards 300.0000 price line is yet another test of the line it reached numerous times in the past. We expect this line test to happen in the next 17 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current lines.

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