Soybean price gets a negative signal – Analysis - 07-04-2021

Economies.com
2021-04-07 03:20AM UTC

Soybean price continues to fluctuate around the EMA50, and as long as the price is below 1454.70, our bearish overview will remain valid, motivated by stochastic negativity, waiting to break 1402.00 level to ease the mission of heading towards our first main target at 1375.00.

 

The expected trading range for today is between 1390.00 support and 1425.00 resistance.

 

The expected trend for today: Bearish

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