Midday update for Soybean price 11-12-2019
Economies.com
2019-12-11 10:40AM UTC
Soybean price’s recent trades confined inside bullish pennant pattern that its signs appear on the chart, which supports the expectations of continuing the correctional bullish trend, noting that breaching 909.5 will ease the mission of achieving our next target at 915.9, noting that the continuation of the rise requires holding above 906.2 and 902.5 levels.
The expected trading range for today is between 902.5 support and 915.9 resistance.
The expected trend for today: Bullish
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