Soybean price succeeds to break – Analysis - 23-01-2020
Economies.com
2020-01-23 05:38AM UTC
Soybean price managed to break 918.2 level and settles below it, which supports the continuation of our bearish overview efficiently for the upcoming period, paving the way to visit the next correctional level at 908.1.
Therefore, the bearish bias will remain dominant on the intraday basis, noting that breaching 918.2 will push the price to test 928.2 initially before detecting the next destination clearly.
The expected trading range for today is between 910.0 support and 920.0 resistance.
The expected trend for today: Bearish
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