Soybean price begins positively – Analysis - 23-02-2021
Economies.com
2021-02-23 04:58AM UTC
Soybean price opens today’s trading with bullish bias to move away from the EMA50, reinforcing the expectations of continuing the bullish trend, and the way is open to visit 1432.20 that represents our next main target.
Stochastic current negativity might cause temporary sideways fluctuation before resuming the expected rise, noting that the continuation of the bullish wave requires holding above 1360.00.
The expected trading range for today is between 1380.00 support and 1420.00 resistance.
The expected trend for today: Bullish
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