Soybean price under the negative pressure – Analysis - 23-07-2021
Economies.com
2021-07-23 03:50AM UTC
Soybean price confirmed breaking 1370.00 to fall under the effect of the double top pattern that its signs appear on the chart, to head towards achieving additional decline that targets 1318.80 as a first negative station.
Therefore, we expect to witness more decline in the upcoming sessions unless breaching 1370.00 and holding above it again.
The expected trading range for today is between 1340.00 support and 1370.00 resistance.
The expected trend for today: Bearish
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