Midday update for Soybean price 13-04-2021

Economies.com
2021-04-13 10:06AM UTC

Soybean price shows slight positive trades after finding solid support at 1382.00 level, and as long as the price is below 1420.00, our bearish overview will remain valid for the upcoming period, supported by the negative pressure formed by the EMA50, reminding you that our waited targets begin at 1375.00 and extend to 1304.00.

 

The expected trading range for today is between 1370.00 support and 1395.00 resistance.

 

The expected trend for today: Bearish

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