Soybean price presses on the support – Analysis - 18-01-2022
Economies.com
2022-01-18 05:22AM UTC
Soybean price resumes its negative trades to press on the key support 1360.40, affected by the previously completed double top pattern, waiting for more decline in the upcoming sessions to visit 1326.40 as a next negative target.
Therefore, our bearish overview will remain valid conditioned by the price stability below 1375.00.
The expected trading range for today is between 1340.00 support and 1375.00 resistance.
The expected trend for today: Bearish
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