Midday update for Soybean price 22-01-2021
Economies.com
2021-01-22 11:22AM UTC
Soybean price keeps its stability below the broken neckline of the head and shoulders’ pattern, to keep the negative pressure valid for today, supported by the EMA50, waiting to visit 1290.60 as a main negative target, reminding you that it is important to hold below 1380.00 to continue the expected decline.
The expected trading range for today is between 1330.00 support and 1360.00 resistance.
The expected trend for today: Bearish
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