Soybean price keeps its positive stability – Analysis - 12-01-2022
Economies.com
2022-01-12 05:23AM UTC
Soybean price consolidates above 1380.00 level, and begins to provide positive trades now, waiting for more rise to surpass 1399.00 and reinforce the chances of heading towards 1433.70 that represents our next main target.
Therefore, we will continue to suggest the bullish trend for the upcoming period conditioned by the price stability above 1380.00 – 1375.00 levels.
The expected trading range for today is between 1375.00 support and 1420.00 resistance.
The expected trend for today: Bullish
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