Soybean price continues to rise – Analysis - 23-04-2021

Economies.com
2021-04-23 01:15AM UTC

Soybean price provided additional positive trades to succeed achieving our waited target at 1540.00, and we believe that the way is open to continue the main bullish trend, noting that the next target reaches 1574.00.

 

Holding above 1503.00 is important to continue the expected rise, as breaking it will press on the price to achieve bearish correction before turning back to rise again.

 

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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