Soybean price completes negative pattern – Analysis - 14-01-2022
Economies.com
2022-01-14 04:57AM UTC
Soybean price started today with clear negativity to complete forming double top pattern that its signs appear on the chart, which leads the price to start bearish correction that its targets begin by surpassing 1360.40 to confirm heading towards 1326.40 as a next negative station.
Therefore, the bearish bias will be suggested in the upcoming sessions unless breaching 1375.00 followed by 1380.00 levels and holding above them.
The expected trading range for today is between 1345.00 support and 1380.00 resistance.
The expected trend for today: Bearish
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