Soybean price returns to the bullish track – Analysis - 29-11-2023
Economies.com
2023-11-29 04:05AM UTC
Soybean price ended yesterday with clear positivity to breach 1348.30 and settles above it, which pushes the price back to the bullish track to head towards achieving gains that reach 1385.00 on the intraday basis.
Therefore, the bullish bias will be suggested for today, and breaching 1356.20 will ease the mission to rise, taking into consideration that breaking 1348.30 will stop the positive scenario and push the price to turn to decline.
The expected trading range for today is between 1330.00 support and 1375.00 resistance.
The expected trend for today: Bullish
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