Midday update for Soybean price 16-04-2021

2021-04-16 10:31:36 GMT (

Soybean price shows new positive trades to move away from the EMA50, reinforcing the expectations of continuing the bullish trend for the rest of the day, waiting to visit 1454.70 as a next main target, reminding you that the continuation of the bullish wave depends on the price stability above 1395.00 and 1382.50 levels.


The expected trading range for today is between 1400.00 support and 1440.00 resistance.


The expected trend for today: Bullish

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