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Soybean Technical Chart and Analysis 20th September 2017
Soybean 1711 has registered a higher high which indicates that the short term trend is still positive. A rise above yesterday high will target the $973.90. However, a fall below yesterday low will resume the downtrend with $950.08 (30-DMA). Meanwhile, the Stochastic Oscillator and the MACD are heading up, suggesting higher price movement in the near term.