Soybean price achieves the extended targets – Analysis - 18-09-2020
Economies.com
2020-09-18 03:32AM UTC
Soybean price achieved strong gains to surpass our targets mentioned in our previous reports at 1021.00 and 1039.60 and settles above the last level, as it started today with strong rise to open the way to achieve more expected gains in the upcoming sessions, noting that the next target reaches 1065.80.
Therefore, we are waiting for more rise on the intraday and short term basis, noting that the continuation of the bullish wave requires holding above 1039.60 and 1029.50 levels.
The expected trading range for today is between 1030.00 support and 1060.00 resistance.
The expected trend for today: Bullish
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