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After testing resistance twice in the past, Soybean Oil JULY 2019 has finally broken through. Can we expect a bullish trend to follow?

The breakout of Soybean Oil JULY 2019 through the resistance line of a Falling Wedge could be a sign of the road ahead. If this breakout persists, we expect the price of Soybean Oil JULY 2019 to test 28.2845 within the next 3 days. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.

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