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Soybean Technical Chart and Analysis 3rd January 2017
Soybean 1701 is trading around the 100-DMA which is standing at $993.80, where a break or trade below will open the way towards $988.38. On the contrary, the initial upside will be restricted towards $1006.40 (14-DMA). The Stochastic Oscillator has inched down, suggesting some bearish view.