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Soybean price experienced an upward surge in the previous trading session, drawing closer to the awaited target at 1385.00. It is our contention that the bullish momentum will persist, surmounting this level and ushering in further gains that could propel the price to attain 1400.00, followed by 1430.40.
Hence, the prospect of a bullish trajectory remains intact for the impending period, with the reminder that maintaining a position above 1348.30 is pivotal for achieving the anticipated targets.
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The projected scope for trading activities today is predicted to span between the support level at 1350.00 and the resistance level at 1410.00.
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Projected trend for today: Bullish
