Soybean price resumes the bullish rally – Analysis - 26-10-2020
Economies.com
2020-10-26 03:54AM UTC
Soybean price resumed its positive trading strongly to move away from the minor bullish channel’s support line, which supports the continuation of our bullish overview, and the way is open to achieve our main waited target at 1096.90.
Therefore, the positive scenario will remain valid and active in the upcoming sessions, supported by the EMA50, noting that it is important to hold above 1068.00 to continue the expected bullish trend.
The expected trading range for today is between 1075.00 support and 1096.00 resistance.
The expected trend for today: Bullish
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