Soybean price tests the support – Analysis - 21-01-2020
Economies.com
2020-01-21 05:41AM UTC
Soybean price tests the key support 928.2 and keeps its stability above it until now, accompanied by stochastic reach to the oversold areas, waiting to motivate the price to resume the expected bullish trend on the intraday and short term basis, which targets 940.6 level initially, noting that breaking 928.2 will push the price to visit the next correctional level at 918.2 direct.
The expected trading range for today is between 925.0 support and 940.0 resistance.
The expected trend for today: Bullish
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