Midday update for Soybean price 23-04-2021

Economies.com
2021-04-23 10:41AM UTC

Soybean price shows some slight bearish bias to move around 1525.00 level, waiting to get positive momentum to assist to push the price to resume the main bullish trend, which its next targets extend to 1574.00.

 

In general, we will continue to suggest the bullish trend for the upcoming period unless breaking 1503.00 and holding below it.

 

The expected trading range for today is between 1510.00 support and 1550.00 resistance.

 

The expected trend for today: Bullish

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