Soybean price builds support base – Analysis - 09-08-2022
Economies.com
2022-08-09 04:24AM UTC
Soybean price settles above 1402.10 level, noticing that stochastic overlaps positively now, waiting to motivate the price to resume the bullish trend, which its next main target located at 1470.00.
The EMA50 continues to support the suggested bullish wave, which will remain valid conditioned by the price stability above 1402.10.
The expected trading range for today is between 1400.00 support and 1470.00 resistance.
The expected trend for today: Bullish
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