Midday update for Soybean price 05-05-2021
Economies.com
2021-05-05 09:14AM UTC
Soybean price settles below 1527.20, which keep our bearish overview valid for today, waiting to head towards 1500.00 that represents our next target, noting that breaching 1527.20 will motivate the price to resume the main bullish track and achieve gains that start at 1548.00 and extend to 1573.00.
The expected trading range for today is between 1500.00 support and 1535.00 resistance.
The expected trend for today: Bearish
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