Midday update for Soybean price 20-01-2021

Economies.com
2021-01-20 10:06AM UTC

Soybean price shows calm negative trades in attempt to resume the expected bearish trend for the upcoming period, which targets 1290.60 as a next main station, to keep our bearish overview supported by moving below the EMA50, reminding you that it is important to hold below 1381.50 to continue the expected decline.

 

The expected trading range for today is between 1340.00 support and 1370.00 resistance.

 

The expected trend for today: Bearish

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