Midday update for Soybean price 22-06-2021
Economies.com
2021-06-22 09:01AM UTC
Soybean price tests 1318.80 level and presses negatively on it, which urges caution from the upcoming trading, as the price needs to hold above this level to keep the positive scenario active for today, which targets 1373.00 level mainly.
Note that breaking 1318.80 and holding below it will put the price under the negative pressure again, to head towards testing 1225.90 areas on the near term basis.
The expected trading range for today is between 1310.00 support and 1350.00 resistance.
The expected trend for today: Bullish
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