Soybean price keeps fluctuating – Forecast today - 28-03-2024
Economies.com
2024-03-28 03:09AM UTC
Soybean Price Analysis
Bullish Scenario
- Soybean price settles at the key support 1193.10$ and still above it until now.
- Accompanied by witnessing clear positive signals through stochastic.
- Waiting to motivate the price to resume the correctional bullish trend.
Positive Targets
Reminding you that our next target is located at 1231.20$.
Negative Scenario
Breaking 1193.10$ will stop the suggested positive scenario and push the price to decline again.
Trading Range
The expected trading range for today is between 1185.00$ support and 1220.00$ resistance.
Trend forecast: Bullish
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