Soybean price needs a positive motive – Analysis - 21-07-2021
Economies.com
2021-07-21 04:41AM UTC
Soybean price continues to fluctuate at the bullish trend line, getting continuous positive support by the EMA50, waiting to resume the bullish trend to achieve our positive targets at 1413.00 followed by 1433.70.
Holding above 1370.00 is important to continue the expected rise, as breaking it will press on the price to turn to decline and head towards 1318.80 again.
The expected trading range for today is between 1370.00 support and 1430.00 resistance.
The expected trend for today: Bullish
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