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06th Mar - Soybeans Recovering Off Long Term 76.4%

06 March 2014

WEEKLY CHART – CONTINUATION:

The 76.4% support was retested early this year, and a decent rebound has been prompted.

DAILY CHART – May-14:

The latest rally has found s/term resistance from around the channel top projection. First support comes from the 1350.00 area.

A further push higher would turn focus towards a Fibo projection at 1480.00.

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