Soy beans on wooden spoon
Soy recently broke the multi-month resistance level 920.00 – which has been steadily reversing the price from December of 2018.
The breakout of this resistance level accelerated the active short-term impulse wave (iii) – which belongs to the impulse sequence C from August.
Soy is expected to rise further and retest the next resistance level 950.00 (forecast price calculated for the completion of the active impulse wave (iii)).
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