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2336.705
18.746%
83.644
2.859%
1.0694
3.1519%
5102.93
0.38%
38271.11
0.47%
17722.70
0.78%
Soybean price keeps the positive stability – Forecast today - 29-03-2024
Economies.com
2024-03-29 01:49AM UTC
Soybean Price Analysis
Expected Scenario: Continuing Bullish Trend
Soybean price attempted to break the $1193.10 level but ended yesterday above it, maintaining the active bullish trend scenario, with the next main target at $1231.20.
Stochastic provides positive signals supporting the expectations for further rise, which will remain valid unless the $1193.10 level is broken with a daily close below it.
Expected Trading Range for Today
Support: $1185.00
Resistance: $1220.00
Trend Forecast: Bullish
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