Report
Matthieu DRIOL
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Medium term view - Soybeans, continuation (X7), Chicago : The support has been reached, it causes the bounce.

The trend is still neutral, but the consolidation shape reminds of a bullish reversal. Breaking above the resistance at $1,078.50 would validate the existence of a bullish trend with an invalidation below $934.00. The market looks like it is going through an accumulation phase.

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Matthieu DRIOL

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