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Technical analysis: CBOT soybean prices await further gains

by Joy

On June 15, analysts at Economies have the latest opinion today: CBOT soybean prices fluctuated sideways yesterday, and received continuous positive support from EMA50 to support the continuation of the upward trend, waiting to resume its next target at 1311.70.

Overall, we remain bullish unless 1266.30 is breached and subsequently sustained below 1255.80. The expected trading range today is support at 1260.00 and resistance at 1295.00.

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