Soybean price resumes the decline – Analysis - 27-09-2022
Economies.com
2022-09-27 04:14AM UTC
Soybean price retested the broken neckline of the double top pattern and bounced bearishly to resume the expected bearish trend for the upcoming period, and we expect to surpass 1402.10 to head towards 1360.00 as a next negative target.
Therefore, we will continue to suggest the bearish trend on the intraday basis, reminding you that it is important to hold below 1470.00 to achieve the waited targets.
The expected trading range for today is between 1370.00 support and 1440.00 resistance.
The expected trend for today: Bearish
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