Soybean price breaks the channel’s support – Analysis - 22-05-2020
Economies.com
2020-05-22 00:55AM UTC
Soybean price managed to break 838.30 level and closed the daily candlestick below it, which supports the continuation of our bearish overview efficiently in the upcoming period, opening the way to head towards our next negative target that reaches 816.30.
Therefore, we will keep our bearish overview conditioned by the price stability below 848.00.
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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