Midday update for Soybean price 06-05-2021
Economies.com
2021-05-06 10:20AM UTC
Soybean price breached 1527.20 level and closed the last four hours’ candlesticks above it, to activate the bullish trend scenario for the upcoming period, targeting 1548.00 followed by 1573.00 levels as next main stations, noting that breaking 1527.20 and holding below it will stop the expected rise and press on the price to decline again.
The expected trading range for today is between 1510.00 support and 1545.00 resistance.
The expected trend for today: Neutral
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