Midday update for Soybean price 03-04-2020

Economies.com
2020-04-03 10:43AM UTC

Soybean price begins pressing on 859.80 level in attempt to break it, reinforcing the expectations of continuing the bearish trend on the intraday and short term basis, affected by the previously completed double top pattern, waiting to visit 851.40 as a next main station, reminding you that it is important to hold below 871.80 to continue the expected decline.

 

The expected trading range for today is between 851.00 support and 870.00 resistance.

 

The expected trend for today: Bearish

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