Midday update for Soybean price 07-04-2020

Economies.com
2020-04-07 10:38AM UTC

Soybean price shows sideways and tight trades since morning, keeping its stability below 868.30, thus, no change to the expected bearish trend scenario for the upcoming period, which gets continuous support by the EMA50, while our targets begin at 851.40 followed by 846.00.

 

The expected trading range for today is between 855.00 support and 868.00 resistance.

 

The expected trend for today: Bearish

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