Soybean price keeps its positive stability – Analysis - 15-01-2020
Economies.com
2020-01-15 05:49AM UTC
Soybean price hovers around the EMA50, keeping its stability above the key support 940.6, and it is still inside the symmetrical triangle that appears on the chart.
Therefore, no change to the bullish trend scenario that depends on the price stability above the mentioned support, noting that the expected targets begin at 950.4 and extend to 960.6.
The expected trading range for today is between 940.0 support and 950.4 resistance.
The expected trend for today: Bullish
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