Soybean price keeps its positive stability – Analysis - 16-04-2021
Economies.com
2021-04-16 01:14AM UTC
Soybean price settles above the EMA50, to get positive support that we are waiting to push the price to continue rising, as our next positive target is located at 1454.70.
Therefore, the bullish trend scenario will remain valid and active for the upcoming period unless breaking 1395.00 followed by 1382.50 levels and holding below them.
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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