Midday update for Soybean price 22-05-2020

Economies.com
2020-05-22 09:04AM UTC

Soybean price resumes its negative trades to move away from the broken support that appears on the chart, which reinforce the expectations of achieving more decline for the rest of the day, waiting to visit 816.30 that represents our next main station, reminding you that holding below 848.00 is important to continue the suggested bearish wave.

 

The expected trading range for today is between 825.00 support and 845.00 resistance.

 

The expected trend for today: Bearish

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