Midday update for Soybean price 27-05-2020
Economies.com
2020-05-27 10:02AM UTC
Soybean price begins the breached process to 850.40 level to move above it now, which supports the continuation of our bullish trend expectations efficiently for the rest of the day, paving the way to head towards 871.40 as a next station, noting that the EMA50 supports the suggested rise, which will remain valid conditioned by the price stability above 844.00.
The expected trading range for today is between 840.00 support and 860.00 resistance.
The expected trend for today: Bullish
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