Midday update for Soybean price 11-05-2021
Economies.com
2021-05-11 10:20AM UTC
Soybean price tested the bullish trend support line and bounced bullishly from there, to keep the bullish trend valid and active for the upcoming period, supported by the EMA50 that carries the price from below, depending on the price stability above 1527.20, noting that we are waiting to visit 1600.00 as a next main target.
The expected trading range for today is between 1540.00 support and 1565.00 resistance.
The expected trend for today: Bullish
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