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September 18, 2020 at 01:48PM

• Soy broke round resistance level 1000.00

• Likely to rise to 1065.00

Soy recently broke through the round resistance level 1000.00 – which accelerated the active impulse waves (iii), (v) and C.

The breakout of the resistance level 1000.00 greatly accelerated the active C-wave from August – which then broke the sharp daily up channel from last month – signalling further gains are likely.

Soy is likely to rise further toward the next resistance level 1065.00 (target price for the completion of the active impulse wave C).

Continue Reading…

From: The FxPro Tech Analysis Team https://fxpro.news/market-snapshots/soy-wave-analysis-18-september-2020-20200918/
Selected by fonecable.com

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